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"I sort of hope that happens because then people like me would go in and buy," Trump said in a 2006 audiobook from Trump University, answering a question about "gloomy predictions that the real estate market is heading for a spectacular crash."
The U.S. housing bubble burst two years later, triggering the stock market crash of 2008 that plunged the U.S. economy into a deep recession, leaving millions of Americans unemployed. Trump was speaking with Jon Ward, a marketing consultant who "masterminded all the initial education programs for Trump University," according to his website. The audiobook is available on iTunes. "If there is a bubble burst, as they call it, you know you can make a lot of money," Trump said in the 2006 audio book, "How to Build a Fortune." "If you're in a good cash position -- which I'm in a good cash position today -- then people like me would go in and buy like crazy." The Trump campaign did not respond to requests for comment. Few, including Trump, predicted the 2008 crash or the magnitude of the recession that would ensue. "I'm not a believer that the interest market -- that the real estate market is going to take a big hit," Trump said in the same interview. But Trump's comments in the audio book, a project of his Trump University -- which is currently facing three lawsuits representing thousands of former students -- underscore the challenges the billionaire and presumptive Republican nominee will increasingly face in the general election as comments from his life before politics return to haunt him. Trump has come under fire for a slew of remarks he made before entering the presidential fray last year, from misogynistic comments about women to statements on certain issues that undercut his current policy positions. But in beating back such criticism, Trump has sought to convince voters that, despite his multiple flirtations with running for president over the last two decades, he never planned to run for president, "Don't forget, I was never going to run for office," he has said. Trump, who has staked his candidacy on his wealth and business acumen, has also been unabashed about prioritizing his business interests above all else -- even when it has involved helping politicians with policy positions antithetical to his own. He defended his hundreds of thousands of dollars in donations to Democrats by saying that he "got along with everybody" in order to boost his business. Trump has also defended the bankruptcies several of his businesses have undergone, saying he has "taken advantage of the laws of this country," even as thousands of his employees lost their jobs as a result. And he has also defended manufacturing much of his merchandise abroad, including in countries like China. But as he launched his presidential bid last June, Trump flipped the script and struck a decisively populist tone --pledging take on very same self-interested maneuvers of businesses that he also employed -- and vowed to compel U.S. businesses to manufacture in the U.S. and slammed the influence of special interests in Washington. When you want to sell property quick, it is wise to wait until you can achieve the maximum amount of profit for your real estate investment. If you need to sell your house quick, you should first ask yourself how much you love your house. Remember the time when you had just moved in, how good it felt to be in your brand new house. You will only be able to arouse the buyer's enthusiasm if you can show some real enthusiasm for your home. While this shouldn't be very difficult, reducing your selling price to a very low figure might initially look like a painful option. However, an overpriced home in a buyer's market might just end up stagnating for many months with little interest. An underpriced home can stir up a bidding war. Obviously, you won't want to price your property too low. It needs to be priced slightly below the competition. Asking too little could make you appear desperate, and you should not appear desperate either to your agent or your buyer. Before you open up your house to cash house buyers, you should invite a few of your friends for some test viewing, especially those friends with an unbiased and discerning eye. Make sure they are from the place your trying to sell the home, meaning they live there. If you are listing homes for sale in corrales nm. Find out from them what looks out of place or wrong, what stands out, what needs to be improved or changed. And make sure you don't take the critique personally. The following are some useful DIY DIY Real Estate Tips For Selling Your House which can help present your house in the best way possible Make sure all half-done DIY jobs are completed. You would not want cash house buyers to walk into a bathroom where the re-grouting work is halfway done. Any rooms in the home that have not been occupied for some time could use some redecoration to create a good first impression. Decorate the home. You risk putting off many potential buyers if you are a single man with towels lying all over, or a single woman with teddy bears and romantic books scattered everywhere. Also ⢠Repair the defects of your home ⢠Repaint your home to enhance its look ⢠Manicure your lawn and garden to have a welcoming effect ⢠Keep your house clean and nit to get homely feel ⢠Set a price attractive to buyers Shop for some brand new appliances, such as rugs, bed clothes, and other furnishings which you will make use of in your new house. These furnishings will present your home in a greater way when prospective buyers come by for viewing. When you move to your new home, you can then take the furnishings with you. For more tips on what can be done to prune a house for buyers, some good follow up reading can be found here. Finally, It is not necessary to be too honest about your reason for selling house fast. Do not tell viewers that you lost your job and so were not able to make mortgage payments. You could say, for instance, that 'It is the right time to move' or that you are 'moving to be nearer your family.' Make sure you support this with an affirmative statement like 'It has been a great two years staying here.' Allow your viewers to walk around the home. You could allow them to do so by themselves so that they can decide if they like the home or not. 12/20/2016 Redfin Housing Market Tracker: Housing Market Activity After Labor Day Likely to Be the Strongest in 5 YearsRead NowSEATTLE--(BUSINESS WIRE)--Homebuyers who have been willing to wait for better deals will be
rewarded for their patience, as sellers drop listing prices to meet buyers' more value-focused expectations, according to the latest Housing Market Tracker from Redfin. In the report, Redfin chief economist Nela Richardson explains that a slowdown in home price growth and a shift in pricing power from sellers to a more balanced market combined to cause this change in housing activity as the market transitions from summer to the fall buying season. For the first time in five months, price growth was flat in July across all 35 markets included in the report. That shift has been nearly nine months in the making from when sales began to first decline last November. As a result of this shift, the number of homes that sold above list price in July is down nearly 7 percent to 20.1 percent from 26.8 percent a year ago, the biggest drop of the year. Redfin expects an unusual surge in home sales this fall and that prices will continue to flatten and potentially decline month over month in September or October. If that happens, it will be the first three-month price decline since fall 2012. "Sellers are finally catching on that it's not a seller's market anymore," said Jeremy Cunningham, a Redfin real estate agent in Virginia. Redfin also sees strong evidence of buyer demand heading into fall. The number of tours and offers across Redfin markets continued to accelerate from July and into August, and mortgage rates continue to hover at lows for the year. The selling season started late this year as part of a first quarter slowdown in the overall pace of economic growth. The carryover homebuyer demand and supply from earlier this year set the stage for a surge in sales over the next two months that will be stronger than any other in the past five years. To read the full report please visit: http://www.redfin.com/research/reports/real-time-housing-market-tracker/2014/housing-market-tracker-july-2014.html. Connect with Redfin Google+ Blog Download the Redfin mobile app About Redfin Redfin (www.redfin.com) is a customer-first real estate brokerage that represents people buying and selling homes. Founded and run by technologists, Redfin has a team of experienced, full-service real estate agents who are advocates, not salespeople, earning customer-satisfaction bonuses, not commissions. Redfin.com features all the broker-listed homes for sale, as well as for-sale-by-owner properties that don't pay brokers a commission. Redfin also offers online tools that make the entire process of buying or selling a home easier and more fun. The company serves major markets across the U.S. and has closed more than $13 billion in home sales. In 2012, Redfin was named one of The DIGITAL 100: World's Most Valuable Private Tech Companies by Business Insider. A renovation has transformed the home at 34 Cambra Rd, Belmont.
FIRST-home buyers arent done with in Geelong just yet, with a Belmont auction underlining the level of competition for property among first-time buyers. A renovated house at 34 Cambra Rd, Belmont, sold for $477,500 at auction at the weekend, significantly higher than the vendors reserve and smashing the street record by $62,000 in the process. Selling agent Will Ainsworth, of Ray White, Geelong, said the property drew a crowd from the minute the campaign was launched. Open living in the backyard. The renovations were absolutely stunning. It had been done to a really high standard and we had over 50 groups during the campaign, he said. Six bidders participated in the auction and a young couple from Melbourne winning the competition to secure their first home. The majority of the buyers were that property were first-home buyers, he said. 34 Cambra Rd, Belmont. Mr Ainsworth said the auction result showed that first-home buyers were needing to raise their targets to secure a home. There price point is going up each week. I suppose theyre just noticing that if theyre going to purchase something in a good area theyre going to have to pay for it. And theyre missing out at auctions and realising is theyre wanting to secure a good property in a good location, they have to be the winner at auction, its as simple as that, he said. http://www.realestate.com.au/news/firsthome-buyers-secure-a-renovated-house-and-set-a-street-record-in-belmont/ 12/13/2016 Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET RealtyRead NowRERA & REIT put India in very important place in global realty arena: Alistair Elliott, Knight Frank
Global institutional investors are watching the scenario in Indian real estate unfolding with keen interest. Alistair Elliott, group chairman, Knight Frank shares his perspective on regulatory changes and other factors related to Indian property sector with Kailash Babar.Indian government's efforts to enhance transparency and governance standard in the real estate sector through the Real Estate Regulation Act (RERA) and the Real Estate Investment Trust (REIT) regulations attract more institutional investors and developers to participate in the Indian real estate sector. |
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