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Posts Tagged ‘Real Estate Conditions and Trends’

Nearly 1 in 10 Homebuyers are Foreigners

Tuesday, June 12, 2012 posted by Tommi Crow

   The 6 year slide in U.S.  home prices and the dollar weakness against some currency are driving a property buying binge with Asians, Canadians, Europeans & Latin Americans eager to own a piece of America. 

Plowing money into real estate may sound like a risky venture to many Americans.  But to a growing number of foreigners, U.S.  housing has never seen a smarter investment. 

International buyers accounted for $82.5 billion, or 8.9%, of the $928 billion spent on residential real estate in the 12 month period ended in March, according to a survey released Monday by National Association of Realtors.   (Article by the Wall Street Journal)

How does this news impact your potential home sale and your marketing efforts?  

Simply, if you are not on the Multiple Listing Service (MLS) or Realtor.com, you miss out on 1 of every 10 homebuyers looking for property in your area.   International buyers primarily use these services to locate property and if you’re not listed there…they can’t find you.   

BONUS:   Foreign buyers also pay in CASH .  No Loan Qualifications.  No Apprasials.  No Delays and No Waiting.  CASH NOW!

The cost of listing your home on the MLS or Realtor. com is only a few hundred dollars for a 6 month listing.   The summer selling season is well underway.  Get your house on the MLS and Realtor.com today.  There is no other way to get your property in front of all the homebuyers in the marketplace….and Time is ticking!!!

Thank you for visiting InfoTube.net.  Homes are definitely moving this year.  Don’t miss the season or you may be sitting for a while.  Contact us for help with your MLS listing today.

                           The recession/depression and housing crash have certainly altered the old American Dream…at least for the foreseeable future.   The ongoing foreclosure crisis will drive another 3 million families to rent single family homes before 2015.

These millions of people are not typical renters, either.  They are older.  They have furniture, appliances, kids and pets.  They are not interested in apartment living.  They are looking to move back into single family homes, after foreclosure.   This new growth in single family rentals is the fastest growing part of the rental market and the pace is unprecedented.

A Nation of Renters Appears to be the Plan?

Private Equity groups smell the blood in the water.  They are buying up billons of dollars in distressed property, which they will in turn rent back to American families.  Colony Capital, for example, has purchased over 1ooo single family homes since December of this year and plans to invest at LEAST $1.5 BILLION more this year. 

In the next 5-10 years, investment firms will gobble up hundreds of billions of dollars of single family homes, at basement prices.  They will Raise rents every chance they get over the next 3-5 years.  Then, they will dump these properties for a profit and move on something else.

How does a Renting Society change the American neighborhood? 

The combination of transient families and declining home values will take a huge toll on American neighborhoods.    A rentership society is much less likely to spend money on plants, a fresh coat of paint, new carpet or a fenced yard—as they would if they owned the home they live in.   

Renters also mean shifts in student populations and present more challenges for our school systems.  Many schools in the Phoenix area report that 50% of their students will be new this year, a far higher percentage than normal.   Everything slows down when a new student enters a classroom and parents are less likely to be involved, when they are not sure they will be there for long.

Is American homeownership still the American Dream?

Thankfully, the answer is YES.  83% of people who lost their homes to foreclosure or distress sales say they want to own their own home again.  Most say they will buy something smaller than they had.  Many promise they will never again tie up so much of their income for a home.  Many who are forced to rent feel displaced.  They feel that they are living in someone else’s house.   They are fearful of entering retirement without having a home that is paid for…which only owning and paying off a mortgage will accomplish.    So, yes, neigborhoods are changing…new homeowners aren’t families, but are investment firms…but appears for all the right reasons… the American dream is alive… at least for now. 

Thank you for visiting InfoTube.net.  We have been helping homeowners, builders and investors market their properties since 1988.  We can help you, too.  Please visit our website for details.

Curb Appeal is the general attractiveness of a house or other piece of property from the sidewalk. 

Why is Curb Appeal so Important when Selling Your Home?  Curb Appeal is crucial  because it is what motivates a Buyer to look inside.  If the house turns them off at the curb…they won’t get out of the car and come in.  Thus, you have no chance to sell them on the property. 

Take this property for example…nothing about it stands out…nothing about it is welcoming…nothing about it motivates me to want to see more.

There are many things that can increase the curb appeal of a piece of property.   A new paint job, landscaping and siding can go a long way towards accomplishing this.   Though not as easily measured as something like square footage, curb appeal plays an important role in property valuation.  In the case of this home…the seller greatly improved the curb appeal by changing out a boring, unattractive garage door.

In this case…the seller greatly improved the appearance of this home by spraying mold off the roof.

Showings on this home nearly doubled after the seller painted the front door a contrasting color and added seasonal flowers in front flower bed. 
This homeowner did a fantastic job of covering up old ugly brick by adding wood slats..and magically made old dated windows look cool again with some trim paint. 
The real estate market has gotten hot from south Florida to California and all the stops in between.  If you aren’t getting showings, you need to step back and take a close look at the impression your home makes from the street.  Buyers will look inside a home that is slightly overpriced…but they will not consider a home that doesn’t speak to them.
Thank you for visiting InfoTube.net.  Check out our website for great deals on homes, flat fee MLS, Realtor.com listings and outdoor info dispensers.  
If you are replacing your American Flag this Memorial Day…make sure you buy one Made in the USA or don’t buy one at ALL.  Veterans Flags sells only Made in the USA flags.

CUMMING, Ga. (AP) — The government wants you to install solar panels at your house, and will even give you a tax break to do it. But your neighbors? Maybe not.

It’s a lesson Angel and David Dobs discovered when their homeowners association north of Atlanta denied their request to install solar panels on their roof. Neighborhood officials said the panels would look out of place and might lower home values in a community that regulates details as fine as the coloring of roof tiles, the planting of trees and the storage of trash cans.

“It’s like living under communism — someone gets to dictate every possible thing you do,” David Dobs said.

Homeowners associations around the country have banned or severely restricted the installation of solar panels, and the solar industry has pushed back to halt the practice. A recent attempt in Georgia to expand the right to go solar had support from environmentalists and some Republican lawmakers concerned about private property rights but it succumbed to opposition from developers and real estate agents.

Roughly two dozen states now forbid or limit homeowners associations or local governments from banning solar panels, according to a database run by North Carolina State University. Similar disputes have prompted lawsuits in Nebraska and California.

Angel and David Dobs supported the Georgia legislation after their run-in with the homeowners association. David Dobs had viewed the project as his personal contribution to prevent global warming.

Leaders of the Vickery Lake Homeowners Association in Cumming say the dispute is about architecture and aesthetics, not the merits of solar power. Homeowners automatically accept the community rules when they purchase a home there.

“We’re not going to debate whether it’s a good idea to have green energy or not,” said Jim Pearson, the association’s president.

These debates are likely to keep flaring as more people install solar energy systems because the equipment is getting cheaper and governments subsidize the cost. Taxpayers can now deduct 30 percent of the cost of installing solar panels from their federal tax bill. Other states and local governments offer additional incentives.

The fight is not new. Some solar rights laws date back to the 1970s, while other states have added similar measures more recently.

California’s law, first enacted in 1978, prevents homeowners associations from forcing residents to make aesthetic changes to photovoltaic panels that raise the cost by more than $2,000 or decrease a system’s efficiency more than 20 percent.

Most disputes in California are worked out privately, but a few have reached the court system. Last year, a California appellate court upheld a decision forcing a couple to remove solar panels that were installed in their yard without the approval of their homeowners association. They were allowed to keep other panels on their roof.

“They don’t like the way they look,” said attorney Michael McQueen, who represented the couple and others in similar disputes. “And (homeowners associations) are all about looks. Is your lawn green? Are your hedges trimmed?”

Ricardo Cestero, an attorney for the homeowners association, said neighborhood leaders were concerned the ground-level panels were not set back far enough from the street, were inadequately protected from damage and might cause erosion.

Texas adopted a law last year preventing homeowners associations from totally blocking solar panels. The law makes clear that residents can install them on roofs or in fenced-in yards or patios, subject to some limits. 

In Georgia, the fight between the Dobses and their homeowners association started in 2010. David Dobs said the rules required that he and his wife seek permission to build solar panels.

He first proposed installing 30 panels on two areas parallel to the slope of his roof. People could have seen sections of the three-by-five-feet panels as they walked or drove along the street.

The homeowners association rejected that request and three others from Dobs.

Board member Jim Graham said that to win approval, the panels would probably need to be out of view, perhaps mounted in a backyard and obscured by a fence — though fences too are subject to association approval.

Graham said that if people don’t like the rules, they are free to buy elsewhere.

“They chose to come into this community,” he said.

Lawmakers in Georgia tried to resolve the problem with legislation giving homeowners associations the rest of the year to decide whether to ban solar panels. Any neighborhood that did not set a ban by next year would be unable to stop a homeowner from installing solar panels in the future.

There were limits. Homeowners associations could restrict the panels to roofs or fenced-in backyards and patios. They could require that panels be installed parallel to the slope of a roof and ban any backyard solar equipment that rose higher than the surrounding fence.

Even in states that give homeowners the right to install solar panels, homeowners associations still ban them.

Neighborhood leaders in a Salem, Ore., subdivision rejected Larry Lohrman’s request to install solar panels on his roof because their rules banned the equipment, Lohrman said. He successfully argued that a 1979 solar rights law made that ban illegal, and he and a neighbor helped the association draft guidelines governing the installation of solar panels.

His panels were installed and started producing power in 2010, though Lohrman said he nearly abandoned the effort in frustration during the year it took to write the new guidelines for his homeowners association.

“They’re just afraid that someone’s going to put up this big, honking ugly thing that reflects light and just looks ugly,” he said. 

Associated Press reporter Kate Brumback contributed to this report. Follow Ray Henry on Twitter at http://www.twitter.com/rhenryAP

InfoTube thinks some logical thought should prevail on this issue.   On one hand, we want to encourage US independence from fossil fuels that harm our environment and fund terrorism.  On the other hand, homeowner association rules are in place to protect the beauty, value and function of a neighborhood..  Restrictions against solar panels are common in most associations and those rules were in place when the homes were initially purchased. 

Rising Rents Push Homebuyers Into the Market

Tuesday, April 10, 2012 posted by Tommi Crow

Sharply rising rents are pushing buyers into the real estate market this spring. 

Rising Rents Push Fence Sitting Homebuyers

Take a minute to watch this short video from the Wall Street Journal.   From now on…fence sitting will cost you!!

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Big Tax Breaks for Real Estate Investors

Monday, March 26, 2012 posted by Tommi Crow

  With reduced home prices and interest rates near historic lows, affordability levels in early 2012 reached their highest point in 42 years according to the National Association of Realtors.

Not only are homes at record affordability levels, real estate ownership also opens the door to a wide variety of tax benefits and additional savings.

“A recent poll shows that 75 percent of likely voters think real estate tax deductions are appropriate and reasonable,” said Steve DiUbaldo, president of Atlantic & Pacific Real Estate, a full-service real estate brokerage with offices in 22 states. “People understand the value of owning a home and the role played by tax benefits. Combine today’s affordability levels with tax advantages and now is a very good time to consider both residential and investment real estate.”

So what are the biggest real estate tax breaks? For most owners and investors the list of major tax write-offs looks like this:

1. Property Taxes. Real estate owners can write off the cost of state and local property taxes. For many borrowers this deduction can reduce taxable income by thousands of dollars.

2. Mortgage Interest. The IRS defines a home mortgage as “any loan that is secured by your main home or second home. It includes first and second mortgages, home equity loans, and refinanced mortgages.”

Mortgage interest can generally be written off, but not always. The limitation for mortgage interest on a primary and secondary residence is a total of $1,000,000 for acquisition indebtedness and $100,000 for home equity indebtedness. There are lower limits for individuals and those who are married but filing separately.

3. The Standard Deduction. “Everyone is entitled to a standard deduction,” said DiUbaldo. “However, write-offs for mortgage interest, property taxes, mortgage insurance premiums and other costs generally allow real estate owners to justify itemizing expenses and thus larger write-offs.”

4. Mortgage Insurance Premiums. Mortgage insurance allows purchasers to buy with less than 20 percent down. Qualified borrowers can get FHA financing with 3.5 percent down, conventional loans can require as little as 5 percent down and VA purchasers can borrow with zero down. Closing costs are extra.

“In general,” says the IRS, “if you itemize deductions, you may deduct premiums paid for mortgage insurance provided by the Department of Veterans Affairs (VA), the Federal Housing Administration (FHA), the Rural Housing Service (Rural Housing), or private mortgage insurers in connection with a mortgage for the purchase of your main home.”

5. Points. A “point” is a fee to the lender equal to 1 percent of the mortgage amount. Borrowers often have the option of paying points at closing rather than a higher interest rate over the life of the loan. Whether it’s better to pay points or accept a higher interest rate depends on such issues as the interest rate, the number of points and how long the property will likely be held.

In general, a point paid at closing for acquisition financing is fully deductible in the year paid. If a point is paid to refinance a home, the point is deductible over the term of the mortgage, typically 1/30th per year.

6. Investors can claim Depreciation. Depreciation allows investors to take an additional tax deduction because a real estate “improvement” is believed to wear out over time and will need to be replaced.

“Depreciation is an accounting concept,” said Atlantic & Pacific Real Estate’s president. “The investor is not actually spending the cash represented by the ‘cost’ of depreciation and one result is that it’s possible to have an investment property which produces a positive cash flow that is partially or wholly not taxable currently. In certain instances, subject to individual taxpayer limitations, it is even possible to show a loss for tax purposes.”

7. Sale Profits. When a prime residence has been occupied for two of the past five years it’s probable that much or all of the profit will be sheltered from capital gains. With a joint return up to $500,000 can be protected, $250,000 for an individual owner. Example: You bought a home in 1990 for $100,000 and sell it in 2012 for $300,000. There’s a $200,000 long-term profit, none of which is taxed.

If you’re an investor, sale profits are taxed as long-term capital gains if the property has been owned for at least a year. That means long-term capital gains in 2012 are generally taxed at 15 percent.

8. Tax-deferred exchanges: The National Association of Realtors says investors purchased 23 percent of all existing home in January. One reason for such interest is that it’s possible to have tax-deferred real estate exchanges with investment property.

“You can swap one investment house for another, but you can also trade a rental house for a commercial property or a property with four units,” said DiUbaldo. “An exchange can allow an owner to defer capital gains taxes for years if not decades, and swaps are one of the reasons investors come to our website ( www.apreus.com ).”

The Bottom Line: Whether purchasing as an owner-occupant or as an investor, tax rules can powerfully impact the value of your real estate. For the latest information, details and deductions be sure to check with a local tax professional.

As always, we urge you to consult with your own independent Certified Public Accountant as to the appropriateness of any tax deductions for your specific circumstances.   Article by Market Watch.

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Okay, sure…  not ALL of the beds in these cities are infested.  But if you’re planning on hotel stays in any of these destinations, you might want to do an inspection around the headboards before you lay your body down.

Pest control corporation Rollins (which owns seven companies – including Orkin) reports a 34% rise in bed bug biz from 2010 to 2011.

Here’s the list, including the change from the previous year’s ranking:

1. Cincinnati
2. Chicago
3. Detroit (+1)
4. Denver (+2)
5. Los Angeles (+20)
6. Columbus, Ohio (-3)
7. Dallas/Fort Worth, Texas (+43)
8. Washington, D.C. (-3)
9. New York (-2)
10. Richmond/Petersburg, Va. (+6)
11. Houston (-1)
12. San Francisco/Oakland/San Jose, Calif. (+35)
13. Cleveland/Akron/Canton, Ohio (+1)
14. Boston (+4)
15. Dayton, Ohio (-7)
16. Las Vegas (-1)
17. Honolulu (+55)
18. Baltimore (-6)
19. Raleigh/Durham/Fayetteville, N.C. (+9)
20. Philadelphia (-9)
21. Atlanta (+24)
22. Lexington, Ky. (-13)
23. Syracuse, N.Y. (+25)
24. Miami/Fort Lauderdale, Fla. (+27)
25. Colorado Springs/Pueblo, Colo. (+19)
26. San Diego (+13)
27. Seattle/Tacoma, Wash. (-3)
28. Omaha, Neb. (-11)
29. Buffalo, N.Y. (-16)
30. Pittsburgh (-3)
31. Indianapolis (-12)
32. Milwaukee (+6)
33. Charlotte, N.C. (+13)
34. Phoenix (+19)
35. Louisville, Ky. (-3)
36. Hartford/New Haven, Conn. (-16)
37. Grand Junction/Montrose, Colo. (+30)
38. Knoxville, Tenn. (+4)
39. Grand Rapids/Kalamazoo/Battle Creek, Mich. (-17)
40. Nashville, Tenn. (+15)
41. Sacramento/Stockton/Modesto, Calif. (+24)
42. Des Moines/Ames, Iowa (-13)
43. Salisbury, Md. (+46)
44. Albany/Schenectady/Troy, N.Y. (-23)
45. Cedar Rapids/Waterloo, Iowa (-22)
46. Minneapolis/St. Paul, Minn. (-20)
47. Lincoln/Hastings/Kearney, Neb. (-17)
48. Salt Lake City (-8)
49. Charleston/Huntington, W.Va. (-13)
50. West Palm Beach/Ft. Pierce, Fla. (+6)

Read more: http://www.wwnc.com/pages/petekaliner.html#ixzz1pIaC7Ynm

Thank you for visiting InfoTube.net.   Visit our website to list property, search for a home, purchase an InfoTube or InfoBox or place a property listing on the MLS or Realtor.com.  If you have a home to sell….we can help and save you money!!

    

President Obama just announced a plan to help US families.  And, miraculously, he doesn’t need the approval of Congress to help us.

  • Obama promised relief to homeowners who are trapped in high rate loans by banks.  If a homeowner is current on their current high interest loan payment, they can not be turned down for a lower interest rate loan that reduces their monthly payment.
  • Obama will cut closing costs for loan refinancing on FHA loans to make refinancing affordable.  The average borrower will save at least $1000 a year in fee’s and charges, in addition to saving about half of the closing costs on the new loan.
  • Obama waives appraisal value as a criteria for refinancing a high rate loan.  In other words, your bank can no longer use an appraisal against you…no matter how much you owe on your current loan.
  • Obama promises to compensate all US Servicemen and Veterans who were foreclosed upon during their tour of duty.  All Veterans who attempted to refinance their home to avoid foreclosure, and were turned away by their lender…are entitled to full compensation for all penalites, fee’s and losses.

We applaude this action and feel that it is long overdue.  This is exactly the type of change that Americans, and the housing market, need to avoid further personal and financial losses.  There is no legimate reason for a bank, who received taxpayer handouts, to turn down a borrower who wants to benefit from low Fed bank rates.   If a borrower is able to afford a $1500 house payments at a 10% interest rate, then why would a lender turn them down for a loan payment of a $1000 per month at 4.5%?    The only answer is a unfortunately a common one…GREED.    Banks are closing ranks to protect their 10% rate of return from dropping to 4.5%, even though the Fed’s (ie: taxpayers) are giving them the money for nothing.

Thank you for visiting InfoTube.net.  If you have been turned down for refinancing…reapply today.  

Home Buyers Move Back to Basics

Thursday, February 23, 2012 posted by Tommi Crow

                                                    Home Sellers take note:

When it comes down to chosing a home, buyers are going back to the basics.  Today’s buyers consider new or updated kitchens and bathrooms, and a flexible, open floor plan as the most important features they are looking for in a home.

A recent survey of hundreds of real estate agents reveal what features appeal to the broadest cross sections of buyers in the marketplace.

  • 33% of those surveyed said that a new or updated kitchen is the most important feature they are looking for.
  • 14% of purchasers said that an open floorplan is a must have. 
  • 12% are looking for homes with new or updated bathrooms.
  • Only 1% of buyers feel that entertainment rooms or finished basements are important home features.

Thank you for visiting InfoTube.net.  When you advertise, photograph and show your home, don’t forget to emphasize the “hot buttons” area’s that buyers are telling you they are looking for.

  A recent survey of hundreds of real estate agents uncovers the reasons some homes sell….and others languish on the market. 

Agents say that the majority of home sellers have gotten more “real” about their real estate in 2012.  More than half (51%) of sellers are willing to price their homes more competitively this year vs last.   And, nearly half (45%) are more willing to change the appearance of their homes to appeal to and entice buyers.   

What is the best use of a seller’s time and money?  De-clutter, de-personalize to make their home appeal to the broadest cross-section of potential buyers.

  • 94% of sellers are getting rid of clutter and making cosmetic updates.
  • 78% are willing to “de-personalize” their homes.
  • 59% are bringing in new home decorations or furniture to make their home updated and appealing.

De-personalizing and de-cluttering a home makes it easier for a buyer to imagine him or herself living in the property.   In order to sell your home in today’s competitive marketplace, it is crucial for seller’s to realize that the property is no longer their “home”…it is an expensive product that is For Sale.        

Always remove family photo’s and personal artwork.  They do nothing for the appeal of the home.  They simply distract a buyers focus and perhaps give the buyer too much information about the seller’s personal life.  Never good.

Thank you for visiting InfoTube.net.   5 FSBO houses on InfoTube.net SOLD this week.   Things are improving for those seller’s who work smart to attract buyers.   Visit our Facebook page for informative, fun and revealing news.

    When it comes to successful real estate investing, I’ve learned the my purchase price has nothing to do with making money.  Good tenants are the key to making money.  If you are seeking a reliable stream of steady income, with few to no hassles…buy a property that will attract “A” quality tenants who will renew their leases year after year. 

As a novice investor, I often wasted a lot of time and money searching for “a deal” on a house.    I worried about who I would rent it to, later.  After years of losing money and sleep, I learned that seasoned investors use a strategy completely opposite from what I had been doing.  They pictured the most desirable and profitable tenant in the market…then, concentrated on locating a piece of property that would attract that type of tenant. 

If you are searching for a piece investment property that will bring in income, picture who your ideal tenant will be, then buy a piece of property that will draw them in!!   “A” quality tenants look for common ammenities in a rental home… 

  1. Search for properties that are located near strong, vibrant downtown or commercial corridors.  If the area is thriving, you should be in good shape.  If the business district is run down or boarded up, think twice about investing in that location..
  2. Quality tenants live in clean areas of town with parks and recreation options, good schools, medical facilities and reliable police and fire protection. 
  3. Buy property that has easy access to convenient transportation, interstates or major thoroughfares.
  4. Look for neighborhoods that are filled with owner occupied homes, not other rental properties.  You want the area you invest in to be filled with homeowners, not other renters.
  5. The Best Tenants are Long Term Tenants.   If you find a foreclosure or a distressed property, chances are it will be in need of repairs and updating.  Plan to  spend money after closing to make the place nice and fix anything that is broken.  You want your property to be a place that your renter is proud to call their home.
  6. As a general rule, families make the best long term tenants.  On average, families stay in one rental house for 4+ years.  To attract “A” quality families to your property, look for single family homes with a minimum of 3 bedrooms and 2 baths.  The best homes also have 2 car garages, 2 living and eating area’s and a good size yard.
  7. Size Matters to a family. My most profitable properties have not been the cheapest homes, they’ve been the largest.  Large 4 bedroom homes in good neighborhoods, with good schools have been proven winners time after time.   Why?  Most rentals on the market tend to be smaller, starter type homes.  The lack of competition for a large house makes finding and keeping good tenants much easier.
  8. Seek out locations with large employment bases.  Tenants look first at homes located within a 15 minute drive from their workplace.  

In conclusion, it is not “deal” or a cheap sales price that will make you money on rental property.   Properties in “A” condition and “A” locations attract “A” quality tenants that create the positive returns you are seeking. 

Thank you for visiting InfoTube.net a FREE homes for sale and rent website for owners, builders and investors.  If you are selling property, we offer turnkey marketing programs that can save you thousands of dollars, while reaching millions of home shoppers each and every day.  We have helped thousands of people sell their homes since 1989…we can certainly help you, too! 

Demand Made in the USA products like InfoTube and InfoBox when you shop!!  We can rebuild our country!!

    

We finally have an avalanche of positive news regarding on the real estate and housing market for 2012.   

  1. Foreclosure activity in 2011 is down more than 50% lower in several states, including New Jersey, Maryland and Florida.  Realty Trac
  2. The much feared “shadow inventory” of foreclosures declined dramatically in 2011.  In December 2012, 2.2 million properties were in some stage of foreclosure.  In September 2011, that number dropped to 1.5 million units…or a whopping 32% in nine months.  Realtytrac
  3. Realtors in some hard hit area’s, such as Michigan and southern California, are reporting a shortage of housing inventory and a return to bidding wars in tight markets.  
  4. Wall Street thinks the worst is over.  Stocks of the nation’s five largest, publicly traded, home builders are at 52 week highs signaling an upswing in home construction in 2012.  In addition, the home builders have been snapping up deals on land and abandoned subdivisions in anticipation of increased buyer demand.  CNBC
  5. Realtors and home builders are getting a boost from rising rents, as Americans realize that owning a home is often less expensive than renting one.   And, while future rent increases have no ceiling on how high they can go, ownership locks in housing expenses and equity is created as the loan balance decreases each month.
  6. Legal issues, property maintenance and other issues complicating the foreclosure process will push banks and lenders to approve more short sales in 2012, further reducing housing inventory.
  7. Interest rates will remain at historical lows in 2012, which allows more people to qualify for a home and cheap money buys more house for the same monthly payment. 
  8. Foreclosure activity was down more than 30 percent in 2011.   Fewer than 2 million properties foreclosure notices were filed in 2011, down from 2.9 million property filings in 2010.  Realty Trac

InfoTube believes that this news spells OPPORTUNITY for home buyers, home builders, investors and real estate agents.  Home prices and affordability are excellent, yet buyers and investors can still find good bargains.   Today’s smart home buyers will feel like geniuses in ten years when the see what inflation has done to home prices. 

If you have a home to sell, we can help.  Visit InfoTube.net to place a FREE home listing about your property or to buy an InfoTube or InfoBox to advertise your property to drive by customers.  Or, supersize your marketing efforts with an MLS listing.  The MLS and Realtor.com reaches millions home buyers each day that otherwise would not know your home is for sale!!!

Would you like to see what the housing market has in store for 2012?  If so, take a moment to watch this video.

Housing Market 2012

Remember that in spite of the doom and gloom…10,000 sets of keys are handed to new homeowners every single day!!  

Thank you for visiting InfoTube.net…a FREE marketing website for owners, builders and agents.  

Remember that… Who you buy From is as important as What you Buy!   Look for Made in the USA products and support US workers!!

Paul Choi, a long time supporter of US workers and US jobs, wrote and posted the following article about Helping InfoTube Save Jobs in the USA.

If you are one of the millions of Americans who are fed up with Chinese tsunami that is washing away the quality of life in our country…then, Mr. Choi has a great source of helpful Links for you…located all in one place!

CLICK HERE TO LEARN HOW TO FIGHT BACK AND SAVE US JOBS AND COMPANIES!!!!

Our Votes may not be powerful…but our Pocketbook and Money sure are!  Refuse to pay a Chinese toll charge on everything you buy! 

Click to Fight Back!

Thank you for helping InfoTube save American jobs.  Please Share our Story!!!

InfoTube, Hillman and China. An Update

Thursday, May 26, 2011 posted by Tommi Crow

I am very happy to report that the public outcry about outsourcing American products, specifically Infotube and Infobox, to China has been encouraging, enlightening, motivating and best of all…it may be working to save jobs and keep American made products on the shelves.

As a result of your emails, calls, petitions, Facebook posts, etc. some strange things have happened.  We have been contacted by a US Senator, offering his assistance.  We have been interviewed on radio news and talk shows and our story has shown up in print across the country.   And, we still have our fingers crossed that we might receive a call from Diane Sawyer and ABC news about our story and products. 

If you haven’t told Diane and ABC what your favorite American products are, click this LINK and do so, today!  Please don’t forget to mention InfoTube and InfoBox!   

Perhaps, the most surprising outcome, so far, has been our two discussions with senior management at The Hillman Group.  Surprising, because it is happening at all.  Surprising, again, because we are each sharing information and I feel that everyone is sincere about wanting to reach a resolution. 

Rest assured that we won’t give up the fight until we hear that Crow Erickson will continue to sell Infotubes and InfoBoxes to our major d-i-y retail customers, like we have done for nearly two decades.

Sadly, during our meeting yesterday, Hillman management confirmed  that they have shipped some of the Chinese copycat product…identifible by its Yellow lid…to Home Depot, Lowes and Menards.   The retailers, in turn, hung it up in the sign department where the InfoTube and InfoBox used to proudly hang.  

Please ask for InfoTube and InfoBox by name at the store!!  Simply, refuse to purchase the Chinese Yellow Lid product.  You know what is at stake and your money is counted as your vote. 

A concerned consumer may have said it best in their reply to an email they received from the Hillman Group. 

“See, we American voters may truly be powerless, but we American consumers are not.  We are fed up watching big corporations, like yours, screw American businesses, and so if you think this lame email has calmed me, you are wrong.  I am just getting started.”  Cynn Chadwick

If you have a problem finding our products in the stores, you can purchase through our secure our website or through one of our valued, loyal internet vendors….many of whom took action on our behalf…even though by doing so, they face more sales competition.

Thank you again for your support, your comments and your encouragement.  If this little company can find a way to beat the competition over in communist China…then, so can other companies!  

Buy American and Support your Homeland!!!  We aren’t anti-chinese…we are just Pro-American!

Tommi Crow

President, Crow Erickson Inc.  1854A Hendersonville Rd #221 – Asheville, NC  28803.  1-800-858-6000.