SellingNorthernNV

Quality Real Estate News and Market Data

Looming Inflation

Josh Talayka | April 28, 2011

Over the last several years, the threat of inflation hasn’t really been an issue due to our low consumer price index. In fact, you may recall a brief timeframe when there was even talk of deflation. However, we may start to see inflation start to become a real threat throughout 2011 & 2012.

National Association of Realtor’s outlook for 2011

Josh Talayka | April 27, 2011

Early this year, Chief Economist for the National Association of Realtors (NAR) Lawrence Yun was predicting that existing-home sales for this year will increase by 0.4 million when compared to last year’s sales of 4.8 million. In addition, Yun also expects that prices will increase an average of 1% this year. According to Yun, these gains will be the result of continued economic improvements that he is also predicting.

How to get up to 34% annual return on investment property

Josh Talayka | April 25, 2011

I recently previewed a 3 bedroom 1.5 bath townhome listed for $27,810. Including repairs, I estimate a total investment a $30,000. Based on this amount the rate of return would be 20-22% annual return on investment if paying cash. However, in the event you would like to leverage current interest rates and finance this type of purchase, the Rate of return could be as high as 34% annual return on your actual out of pocket investment.