Prices Are Way Up: April 2013 State of the Real Estate Market + MORE

Last Week we Discussed … Step 6 – “Ready, Set, GoDaddy”: 12 Steps Crucial to an RE Professional’s Internet Presence
Today we introduce the first of 3 Social media Giants, Twitter! Please don’t comment, or email regarding the additional 267 Social Media Outlets we could have chosen (Keeping in mind that Facebook & LinkedIn are next)… I know there are lots of wonderful and exciting places to suck up your time at work, but since we are just starting out, let’s just focus on “The Big Three”
 

 
Each has it’s own unique Super Power, for Twitter, we will say it’s Super Power is “Broadcasting”…

Things are getting crazy here in the great city of Springfield MA. The market is on the move and we are buying and selling houses like it is going out of style.
One recent project that we are wrapping up is this amazing rehab in South Hadley. (Seen Below)
South Hadley Renovation
 
We purchased this home as a short sale after it had sat vacant for some time…

What’s your market like?
If you are located in one of the hot areas around the country, you might be wondering where all the good deals have gone to. Are the hedge funds really buying up everything and causing prices to skyrocket to unmanageable levels everywhere? Not according to a new study released today by RealtyTrac that looks at the top 20 markets to buy single family homes in today, based on cap rates and cashflow…

Thought this was cool…I got quoted a couple times today in the following FoxBusiness.com article:
Tips for Making Money Off Your First Flip House

Each week we take a look at how much house you can expect to get at a specific price point. This week, we’re looking at homes priced around $800,000.
Charlotte, NC
824 Lexington Ave, Charlotte, NC 
For sale: $795,000

This renovated Charlotte craftsman features several contemporary design elements including granite countertops, wrought-iron pendant lights and a sleek outdoor fireplace…

Filed under: News

On the market: A cute and spacious 2,800-square-foot Colonial in Grosse Pointe Park, Mich., with four beds and baths, remodeled kitchen, wine cellar and bar — and one heck of a backstory. This quaint abode can be all yours, if you’re OK with the fact that it’s the notorious scene of a national-headline-grabbing murder…

The real estate market in March continued to ignore seasonal trends, now for the third straight month. According to our analysis, total inventory across the 38 major cities we track declined. As expected, the lack of homes on the market pushed the list price per square foot of those available upward…