Home Prices in America’s Midwest

By on 3-16-2016 in Real Estate, Real Estate News And Tips

Just about every American was affected by the 2008 sub-prime mortgage collapse; those who didn’t experience effects directly, almost certainly have family members, friends, or acquaintances who did. Across the nation, homeowners with less-than-perfect credit were sold mortgages with low, adjustable rates that allowed borrowers to renegotiate terms in a rising market, but locked homeowners not enjoying the benefit of steadily increasing prices into monthly payments they couldn’t afford, once teaser rates and payments ended.

America’s-midwest

Wisconsin real estate, like many others markets in the country, was hit hard by the downdraft in house prices and resulting wave of foreclosures. 2016 was the first year that home prices in Wisconsin regained pre-2008 levels. In 2007, the median sale price of homes in the midwestern state was $162,900. By 2011, prices fell to a median low of $132,000, a drop of close to 20 percent. Even by 2015, prices had only rebounded to $155,900. Finally, in 2016, home prices in state on the western shore of Lake Michigan surpassed 2007 levels, being reported as $165,000.

2016 Marks Banner Year For Midwestern Home Sales

The number of real estate transactions occurring in the state followed similar trends. In 2007, 67,756 homes were sold in Wisconsin, a number that plummeted to 51,630 in 2010, proceeding the low in prices by one year. Similarly, the number of real estate sales in the state hit new high ground three year before average sale prices did, in 2013: that year, 69,744 homes were sold, with the largest jump in numbers of transaction taking place between March and September.

Following the election of President-elect Donald Trump in November 2016, a sharp spike in the number of home sales in Wisconsin was observed: 5,367 compared with 4,845 in November 2015. On a month-over-month basis, the number of homes sold rose by 4.8 percent from November 2015 to December 2015. During the same months in 2016, the number of transactions increased from 4,866 to 5,367, or 10.3 percent, more than twice the rate of growth.

Realtors Association Calls Growth In Price, Number Of Transactions ‘Robust’

In every year, since 2007, those selling homes in Wisconsin have received the highest prices when deals were completed in the month of July, which tied levels of $140,000 in June and August 2011. Counties that saw less than 10 real estate transaction in a month are not included in data, provided by the Wisconsin Realtors Association, leaving the possibility of bargains being picked up by astute buyers, as well as sellers receiving top dollar, in under-reported locales.

The WRA described the November-2016 surge in house prices as a characteristic of the state’s “robust” market for housing. The association reports that over the course of January to November 2016, median home prices increased by 5.4 percent, compared with 2015, and that the number of transactions completed was up by 5.9 percent. November 2016 saw a record-setting pace of home sales for the month. Real estate inventories were described as “very low.”

How to Choose a Reliable Vehicle Transport Company

By on 3-16-2016 in Real Estate, Real Estate News And Tips

Choosing a reliable automobile transport company can be a confusing process if you don’t know what to look for. There are so many companies available and so many different options to choose from. This is why having a few guidelines at your fingertips to help navigate the many companies that provide vehicle transportation is a necessity. As you start your search arm yourself with these few sound tips and you won’t go wrong.

Transport-company

Wire Transfers

Avoid any auto transport company that requests payments through a wire transfer system. Reputable companies provide standard ways of paying for their services like checks or credit cards. Companies that are trying to scam potential customers will request wire transfers as a quick way to gain your money and run.

The Website

Pay attention to the website. Are there multiple misspellings as well as grammar errors? If you’re noticing a large number of mistakes the website was probably set up quickly in order to get as much money possible. Legitimate company websites have very few errors which are part of why they convey a professional presentation. Illegitimate companies often pop up almost overnight and frequently have an unprofessional looking website filled with grammar and spelling mistakes. Avoid companies with an unprofessional web presence, it is possible that they may be fraudulent.

The Federal Motor Carrier Safety Administration

All Automobile Transport Companies are regulated by the Federal Motor Carrier Safety Administration. Make sure that any company you are considering has a valid motor carrier number. This should be one of the most important steps in your selection process. The motor carrier number should be displayed on the company website or readily available through a company representative. Fraudulent companies will often downplay this number by not bringing it up or by using a fake or expired one. Do your homework and make sure that you get the motor carrier number of the company and check it out. Investigate the business in question through the BBB or through the Safety and Fitness Electronic Records Website. After all, you only want to entrust your car to a company that is truly a reliable and legitimate Vehicle Shipping Service in Lakeland FL.

If you don’t know what to look for, choosing a trustworthy vehicle transport service can be tricky. If you arm yourself with a few valuable tips it will not be impossible to find a company that you can trust. Make sure that any company you are considering has a valid motor carrier number. Study the company website closely. If the web page has a sloppy presentation filled with grammar and spelling errors they may be illegitimate. Lat but not least, don’t trust any company that asks for a wire transfer as a dorm of payment. This is a sign that they may be trying to take your money and run. Avoid the hassles that dealing with scam artists can create by taking your time, knowing, what to look for, and checking out all your leads.

We Can Help You Rent Properties in Central London

By on 3-16-2016 in Real Estate, Real Estate News And Tips

While Brexit has proven to be a negative for the British real estate market, areas outside London are already showing signs of stabilization and recovery. The London market is still depressed, but the right real estate agent can still find you the tenants you need. You do not want to keep paying mortgages on a vacant property earning you no income, do you?

Jeremy James and Company is the real estate firm you need in these troubled times. We specialize in Property Rental in Central London Marylebone Area, where we have over 30 years of experience renting, buying, and selling every type of property you can imagine, including residential and commercial addresses. If you choose us to locate your next tenant and/or negotiate the lease, you will not be disappointed with the results.

Property Rental in Central London Marylebone Area

Rents in the Marylebone area have fallen 9.9 percent, according to the September 2016 issue of Property Wire. While many agents view this as a problem, we see it as an opportunity. The reduced rents open the area up to renters who never before considered Marylebone as a viable option for them. They will move in and fall in love with the area, paying higher rents when the real estate market inevitably recovers. If you have had a hard time filling properties, the reduced rents can also help you secure a tenant and regular rent payments. Our agents have the experience necessary to find the right people for Central London.

Another market many agents fail to effectively tap into is millennials. Many millennials consider themselves lifelong renters, making them ideal tenants for those seeking a long term arrangement. We tailor advertising specifically to them, allowing us to convince them of the many benefits of renting a flat in Marylebone.

All of our clients gain the benefits of our years of real estate experience in Central London. We market our properties across a range of web and print platforms while also utilizing industry portals such as Zoopla, Rightmove, Lonres, and Prime Location. Our professional photographers will ensure that all of your property’s marketing materials show off your property’s best attributes. We also help negotiate the lease and even assist you with pricing.

Jeremy James and Company is a full service real estate company specializing in Property Rental in Central London Marylebone Area. Contact us today for additional information on how our three-plus decades of industry experience can help you rent even in this uncertain market.

Does the Price of Oil Affect Uk Housing Investments and Real Estate Values

By on 3-16-2016 in Real Estate, Real Estate News And Tips

It’s an entertaining thing to check the sensational drop in oil costs. To anybody with an enthusiasm for the petroleum and gas commercial enterprises, the noteworthy plunges in costs in 2015 (from $115 a barrel in mid 2014 to as low as $44 a year later) uncontrollably change the way of the business and profits for ventures.

Obviously when vitality is shabby it positively affects different commercial enterprises. That would merge any segment of the economy where vitality is a huge cost, including transportation, producing and, regularly, land – for the most part in the business area, where proprietors and their speculators are in charge of building vitality costs.

So what may be the effect of the proceeded with low-cost of oil? Might it affect UK house building and the capital development arranging with respect to development of new homes and neighborhoods?

Housing Investment

In the United Kingdom, Aberdeen is maybe the most affected because of its relationship to North Sea oil. The city is viewed as the focal point of Europe’s petroleum industry, with the world’s biggest heliport sending rig specialists and architects to seaward stages. An expected 500,000 people work in the region of Aberdeen work in the business. Likewise with comparable fuel-based urban communities around the world – Dubai, Houston and Perth, among others – Aberdeen cruised well through the 2008-2010 subsidence with oil evaluated above $100 a barrel. Be that as it may, now that costs are relied upon to stay close to the $50 a barrel level for a while to come, interest in the territory is reducing. BP cut ten for every penny of occupations in its Aberdeen workforce in February 2015, with different firms since taking after their lead. With stores in the North Sea officially said to have crested, neighborhood monetary advancement hobbies are now pushing to broaden the economy.

Financial specialists in the petroleum part may profit by adjusting their portfolios on a different track, for example, elective venture reserves. There are such a large number of commercial ventures and the economy all in all that may profit by low vitality costs. With a lower fee of creating and transporting merchandise, it puts descending weight on expansion and later the Government is less inclined to raise financing costs. That thus keeps contracts reasonable. At the point when the option is to subsidize homebuilding over paying for outside sourced vitality, it even appears to advantage the development business and its production network.

Purportedly, speculators from the Middle East may even be attracted further to buy land in London. The “place of refuge ” of the UK economy has officially drawn billions of pounds and a huge number of non-dom mortgage holders to regard focal London as a budgetary instrument; developers must be attributed for being sufficiently canny to serve that market.

All through the UK, land related capital development happens in many structures yet lodging is presumably the most imperative driver. Where there is a developing populace (which often implies a developing organization or industry that is focused in a city) there is additionally likely a developing requirement for homes. By and large, the nation needs around one million extra abodes to adjust supply with interest. Reserves connected to building new houses give an arrival on resources in only a couple of years.

What keeps down much building is not vitality costs but rather the arranging process. Key area speculators will buy crude property that could be changed over to lodging. In any case, everything need nearby arranging endorsement, something authorities in vital area put a lot of exertion into. Capital assets are tied up for year and a half to five years in the improvement process – sufficiently long, maybe, to see the cost of oil come back to 2014 levels.

Lodging interest is needed to stay solid for 10 years or more as the UK battles to suit a developing populace. Interests in lodging or crude UK area can bode well in many riches building portfolios, however a counsel with an autonomous monetary counselor is very prescribed.