http://www.REIMarketingTips.com/cf reveals how this is the absolute best place to get free resources on how you can find commercial foreclosure and short sale deals without using your own cash or credit. Commercial foreclosures and short sales are getting ready to explode. Are you going to be ready to capitalize on it? The best way to make sure is to have lots of motivated sellers calling you about their commercial properties.

By watching the free videos at http://www.REIMarketingTips.com/cf youll be on your way to finding commercial short sale and foreclosure deals. Once deal could change your life. What are you waiting for? Go download the information now: http://www.REIMarketingTips.com/cf

Duration : 0:1:1

[youtube PNxLS0fITAs]

Duration : 0:2:35

[youtube LrH_hToGwN4]

The First Time Homebuyer Tax Credit has been extended and expanded, and the details can be found in our most recent special edition.

For December, we take a look at the results the incentive had on stimulating home sales since 2008.

According to the IRS, about 1.4 million people have taken advantage of the first time homebuyer tax credit.

Not surprisingly, California ranks number one with the number of people filing a claim for the tax credit, while Alaska and Wyoming are among the states with the fewest number of claims.

But those numbers dont tell the whole story. For more, we go to Bryon Ellington. Bryon?
Bryon: Thanks, Jay.

According to the Internal Revenue Service, every state in the Union has participated in the First Time Home Buyer Tax Credit.

If we look at the results according to the total number of claims, heres how the rankings shake out:

California is number one with more than 160 thousand tax payers taking advantage of the first time home buyer tax credit.

Texas is number two with over 131 thousand.

And Florida is number three with over 105 thousand.

But when we look at the data in terms of per capita claims, or the percentage of folks in each state who took advantage of the tax credit, we get radically different results.

Heres a look at the top three in terms of per capita participation in the tax credit

Nevada is in the number one position with more than 20 thousand claims out of a population of 2.6 million.

Utah is in the number two position with over 17 thousand claims out of a population of 2.7 million.

And Arizona is in the third position with over 38 thousand claims out of a population of 6.5 million.

Whats more, we find Alaska moving from near the bottom of the rankings to number 26 above California! And Wyoming, the least populated state in the U.S., moves to number 16. Thats just a bit behind Texas in terms of per capita tax payer participation.

Back to you, Jay

Jay: Thanks, Bryon. Thats it for This Month in Real Estate. Thank you for joining us.

Duration : 0:3:6

[youtube 4cz_wxcoPOI]

Dana Point Ca
The Real Estate Bubble has popped in many Ca Inland counties. Coastal Real Estate is showing signs of weakness with defaults rising. Is it a matter of time before you can buy a beach house for a bag of gold?
Commercial Real Estate Collapse?
http://housingdoom.com/2010/01/11/prepare-clients-for-commercial-real-estate-collapse/

From SEC Employee Rick Bookstaber “We All Know Gold Is In A Bubble”
http://www.zerohedge.com/article/sec-employee-rick-boostaber-we-all-know-gold-bubble

George at NIA sends out a warning on oil. While our country focuses on a weak recovery, massive contractions in credit, wages and jobs, few have considered the potential inflationary threat of high oil prices. How will American commuters handle a 30% or 40% increase in the price of gasoline this summer?

Duration : 0:3:14

[youtube LqKXrnmuw_k]

Duration : 0:1:22

[youtube S00-S--czQA]

Duration : 0:3:39

[youtube p7Dh3rZTEyg]

Duration : 0:4:20

[youtube yoZV5jt9puc]

Get DAILY GrowBy10 Updates on Twitter!
http://twitter.com/GrowBy10

Support this Channel: Subscribe & Comment. Thank you all!

What I learned today will have devastating ramification for the real estate marketing and in turn the entire financial and stock market and the broader economy as a whole.

If true…our real estate fate is seal. There will be more housing and real estate foreclosure carnage ahead. The road is long.

Prepare yourself and protect your family from this coming economic catastrophe.

PLEASE RATE, LINK, SHARE and SPREAD the word so others can learn about the real nature of our real estate and economic crisis. Don’t be a sponge to the talking heads that spew only that which benefits them and their bosses. Wake up!
========================================
From L.A Times:

Bulk of bank-owned homes aren’t even on the market yet
“Banks to unleash flood of REOs” at Inman News looks at the effect of foreclosures on the housing market this year:

Inventories of unsold homes are likely to swell in coming months as lenders begin to push a growing backlog of repossessed homes up for sale — often in communities already awash in distressed properties….

Because it can take weeks or months for lenders to put repossessed homes on the market, the impact of real estate-owned (REO) properties on inventories lags behind foreclosures. Government efforts to recapitalize banks through the Troubled Asset Relief Program (TARP) and other bailout measures may also have taken some of the heat off of lenders to unload REO properties at fire-sale prices.

But with the emphasis of TARP and other government relief efforts now expected to shift to creating jobs, helping troubled borrowers avoid foreclosure and providing incentives for home buyers, lenders could soon unleash a torrent of real-estate owned, or “REO” properties — even in markets already flooded with an oversupply of homes for sale.

“It’s almost like a tsunami — you can see it coming and you know it’s going to hit but you can’t get out of the way,” said Ann Stickel, vice president of affiliated services with Sarasota, Fla.-based brokerage Michael Saunders & Co.

So how many bank-owned properties aren’t even on the Multiple Listing Service yet? RealtyTrac senior vice president Rick Sharga puts the number at 75%. That’s a lot of houses.

http://freemanuniversity.com/

http://www.Xirculate.com

http://www.youtube.com/user/FreemanUniversity

Tags: “The dollar collapse” “housing crisis” “financial crisis” subprime hyperinflation inflation economy “economic collapse” “stock market” “stock market collapse” “real estate” fed “federal reserve” money “fiat money” gold silver commodities housing bubble 2009 2008 downfall investing for sale training agent agency selling subprime Peter Schiff Jim Rogers Gerald Celente Alex Jones Ben Bernanke

Duration : 0:7:54

[youtube 8GQpuuvax_w]

Duration : 0:9:47

[youtube GCiFjkgZM3k]

Add me as a friend on Facebook!
http://www.facebook.com/harryc

Get DAILY GrowBy10 Updates on Twitter!
http://twitter.com/GrowBy10

Aug. 10 (Bloomberg) — The collapse in commercial real estate is preventing Federal Reserve Chairman Ben S. Bernanke from declaring the economy and financial markets are healed.

Property values have fallen 35 percent since October 2007, according to Moodys Investors Service. Thats making it tough for owners to refinance almost $165 billion of mortgages for skyscrapers, shopping malls and hotels this year, pressuring companies such as Maguire Properties Inc., the largest office landlord in downtown Los Angeles, to put buildings up for sale.

Negative Fundamental

Demand for commercial space comes from employment and the income generated by that employment, said University of Pennsylvania Professor Joseph Gyourko, director of the Wharton Schools Samuel Zell and Robert Lurie Real Estate Center in Philadelphia. Mounting job losses are a really significant negative fundamental, signaling that conditions are going to be tough for the industry for a while, he said.

That may spill over into mounting losses at some banks. Forty-seven percent of loans at the 7,000-plus smaller U.S. lenders are in commercial real estate, compared with 17 percent for the biggest banks, according to New York-based Goldman Sachs Group Inc.

Duration : 0:5:57

[youtube sT2T2T83_y0]