21 May 2019
By Mark Feder

5 Ways To Find Properties For Sale That Are Not Listed Yet

Real Estate
Real estate agents, who are successful, know that getting listings is the life energy of their business. It is boring to sit around waiting for a new client to call. It is expensive to spend extraordinary amounts of money on general advertising to get listings. Clever real estate people learn how to find properties for sale before they are listed. Value Of Unlisted Properties Real estate agents and investors have a competitive advantage when they find properties for sale that are not listed. These off-market properties may be available at a better price. There may have little or no other…
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16 May 2019
By Mark Feder

NAHB: May Home Builder Confidence Hits Highest Level in 7 Months

Market Outlook
The National Association of Home Builders reported the highest builder confidence reading in seven months for May. May's reading exceeded expectations for an index reading of 64 and rose three points to 67. Component readings for the main NAHB reading were also higher. Builder confidence in current housing market conditions rose three points to 72; confidence in housing market conditions for the next six months rose one point to 72 and the reading for buyer traffic in single-family housing developments rose two points to 49. Any reading over 50 indicates most builders are positive about housing market conditions, but the…
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08 May 2019
By Mark Feder

How to Become A Billionaire Land Trader

Real Estate
Trading land like a billionaire relies on three simple premises. The first one is to acquire the land for cheap. The second one is to never intend to sell it. The third one is, if you trade it, trade up. Howard Hughes Billionaires that start with an inheritance have an advantage. Howard Hughes was born into wealth. His father invented an oil drill that penetrated difficult, hard rock, which made Howard Hughes one of the richest men in the world from his inheritance. Hughes visited Las Vegas during WWII for the first time. Then, in the 1950s, he traded some…
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02 May 2019
By Mark Feder

FOMC Statement: No Changes to Key Fed Rate

Market Outlook
The meeting of the Federal Reserve's Federal Open Market Committee ended Wednesday with the Committee's customary post-meeting statement recapping monetary policy matters considered by the Committee. Members voted not to change the current target rate range of the federal funds rate. The current rate range of 2.25 percent to 2.50 percent. Federal Funds Target Rate Range: Monetary Policymakers Remain "Patient" FOMC members cited low inflation pressures, global and domestic economic and financial developments as supporting the Committee's decision to leave the Federal funds rate unchanged despite recent political pressures to lower the rate and increase the Fed's accommodative stance toward boosting…
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