The National Association of Estate Agents (NAEA) has noted that there has been an increase in buyers and sellers in the market for houses. This number is independent of actual houses sold. Does this mean that more buyers are stepping in to buy a house and that the inventory of unsold homes is starting to fall?

We will examine further the statistics on properties sold. Out of all homes sold, 11.2% were first time home buyers. Furthermore, the average sales per real estate agent has upticked for the first time in several years. In some areas of the U.S., home prices have even gone up a little. People searching for a house rose from 177 per broker to 208. The amount of houses each agent was selling increased from 85 to 112. The average amount of sales per real estate broker rose from 4 to 7.

Everyone is now wondering if 2009 is the year to buy a house. In a recent survey of more than 55 real estate analysts, 60% believe that 2009 is the year to buy a house. Probably the single most important factor to look at when speaking about home sales is interest rates. The 60% of analysts who believe now is a good time to buy a house also believe that interest rates will not be raised until sometime in 2010. It is both low prices and low interest rates (borrowing rates) that will pull more buyers into the housing market.

40% of industry analysts surveyed feel that it is too early to buy a house. They believe that the price of houses will continue to drop. The reason they give is that unemployment will continue to remain high. Even more workers will worry about job security. The banks will continue to reduce credit lines and make fewer home loans. Capital Economics forecasts home prices to fall another 20% before a bottom is reached in late 2009 and early 2010. A small amount of extreme analysts expect home prices to fall all of 2009, 2010, 2011, 2012, 2013 and finally bottom in 2014.

It is my opinion that you should not feel rushed into buying a house right now. You still have plenty of time. Remember, the economy is still in a recession. Big ticket items like homes and cars are the first to drop in any recession. What makes this recession worse is that banks are not lending as much money as they typically do in a recession. People are continuing to be laid off as evidenced by the rising unemployment rate. Homes continue to go into default at an increasing rate. All of these negative factors will continue to make the demand for houses be very low which means a huge supply of unsold homes will remain on the market for many months to come.

Another negative factor on the price of homes is perceived risk by market participants. Buying a house has always been a good investment until 2006. Now everything has changed. Houses are seen as more of a risky investment now. Even banks view homes in this way which is why they are giving out fewer and fewer loans. With this negative perception in the housing market, I believe that home prices will continue their downward trend for the rest of this year and that 2010 will reveal even better bargains than in 2009.

May you find this information helpful in deciding if you should buy a house. If you own property in California’s Central Valley and are in need of a property manager to do all the work for you in managing your rental see Fresno property management. If you are a tenant looking for the lowest rent on apartments for rent in Fresno, see apartments for rent in Fresno CA

Posted under Personal Finance

What I’m about to show you has nothing to do with a stock screener. This one little secret can totally improve your trading accuracy in any market.

A retired institutional investor told me this secret years ago. The amazing thing is that this simple secret still works today. My accuracy now hovers around 80% thanks to this secret. I use it every week and I’m going to show you how you can use it every week as well.

Have you ever heard the term two minds think better than one? Well… I have actually redefined that term: 5 Professional Institutional Minds Can Produce What 89,697,618 Unprofessional Minds Can’t

That’s right. There are an estimated 90 million Americans who are invested in the stock market and not one of them figured out the secret I’m about to tell you. Why? Because they don’t have the same tools that the Institutional traders have.

What I’m about to show you is called behind closed doors the “Weekend Effect”. The Weekend Effect is basically this: trading activity is less on Friday and Monday with Monday having negative returns.

Way back in 1988, a genius called Miller proved that returns are usually negative on any given Monday. Miller said that this anomaly might just be the result of small investor trading activity. In another study done two years later, Lakonishok and Maberly (1990) and Abraham and Ikenberry (1994) used odd-lot trading as a measurement for what smaller, non-institutional investors were doing and found evidence that supported the Miller hypothesis.

Trading activity is lower on Friday for large-size trades which is why volume tends to be lower on Fridays. Institutional traders often zero out their trades on Thursday or the latest Friday. Institutional traders do not like to go into the weekend news cycle with open positions.

Monday has lower trading volume than any other day of the week. Small, individual traders have more sell orders on Monday than any other day of the week. If small-size trades show individual investor activity and large-size trades show institutional investors then both types of investors play a key role in Monday being a negative return day. The individual traders contribute through their trading while institutional traders contribute through their withdrawal of liquidity on the proceeding Thursday or Friday. Institutional traders contribute by their absence on Friday and Monday, which reduces liquidity.

Your odds of making money on your trades are better on Tuesday through Thursday. You will discover your trading accuracy greatly improves when you go long a stock on Tuesday and sell on Thursday.

Because markets have a tendency to dip on early Monday trading, don’t get stopped out of your trade too quickly based on Monday trading activity. Monday’s have the highest occurrence of head fakes to the downside.

Posted under Investing

When was the last time that you needed money because of an emergency and you weren’t able to get any even from loaning through a financial institution? Isn’t it a very frustrating situation? Well you might as well be thinking that those people whom you’ve helped before may help you as well today, but is that really true?

Probably one would say is there such loans that you can actually get approved within the same day? Well the good news is, there is such loan service that can help you out with the financial assistance that you need and that is through sameday payday loans.

Have you ever heard of sameday payday loans being granted to a borrower just like that? When we say same day that would be the 24 hour time line that will be given for the approval of the application.

Now let’s say that you really are in need of cash and you are unwillingly to wait for you to be contacted for several business or maybe a month just so you could get the approval for your loan application, then you can switch on the same day payday loans option. The procedure of the application is very easy to follow you just have to get online for the instructions and then follow them accordingly.

This time around, with same day payday loans processing, you don’t have to worry about those days that you will be spending talking to the loans approval department just to settle all the requirements needed and have them faxed to them every time that they require a copy of this and that. Now all you have to do is to fill up an application form on a particular web site and submit it for processing.

You do not have to worry about security because they have server that encrypts your data so nobody would be able to use the information for other purposes.

So if you are indeed in the midst of losing financial stability and the only way to resolve the issue is to borrow money as quickly as possible, then the same day payday option would be the best service that you can take advantage of and after you’ll be able to take a deep breath from aggravation and do the things that you normally do.

Posted under Personal Finance