Clay Sparkman
This from a recent article in The Puget Sound Business Journal:
“Sales of larger apartment buildings in King County are on the upswing, setting a record average price per square foot in 2011, according to data supplied by Dupre + Scott Apartment Advisors Inc.
Investors last year paid an average price of $136,509 per unit for [...]
Real estate market general
Another good piece of data for real estate markets in the PNW
Friday, February 3rd, 2012Better times are coming in real estate markets and here’s why
Saturday, October 29th, 2011This Guest post by Jeff Lindikoff
I hope you are enjoying the beautiful fall weather. It is certainly my favorite time of the year and good things are on the horizon for Real Estate Investors.
We have been saying for most of this year that with an election year coming up, the government will [...]
A good time for private money investing (or so we think)
Monday, September 19th, 2011Clay Sparkman
We’ve been getting quite a few calls from new investors lately who are interested in investing in trust deed secured loans. This makes a certain amount of sense to me, as a number of factors are lining up to enhance the attractiveness of this type of investing. The factors I have in mind include [...]
As goes Miami …?
Saturday, July 30th, 2011Sorry to be so long away from you. I guess the lazy days of summer have been calling. I would like to share an article that I read recently in the New York Times.
http://www.nytimes.com/2011/07/27/business/affluent-buyers-reviving-market-for-miami-homes.html?pagewanted=1&_r=1
It seems that the Miami market, one of the worst hit during the real estate turn down, is on [...]
There’s something about equity
Thursday, May 19th, 2011Clay Sparkman
With a double dip real estate depreciation nationwide becoming fact in April, and now with the federal government threatening not to extend government backed financing options large (jumbo) residential loans, this market is hardly getting easier or more predictable. So you might ask, “How do we get private money loans done in today’s real [...]
A story of adaptation: or how to survive and succeed in a challenging real estate market
Thursday, November 11th, 2010The following is a guest post by Matthew Whitaker, Managing Member of Magnolia Partners, LLC and Golden Key, LLC. I originally posted this article on my Broker Blog, but it occurred to me that it would be appropriate to post it here as well. What I think a trust deed investor should take away from [...]
What does this mean to us?
Sunday, October 3rd, 2010Clay Sparkman
Okay, I don’t know about you, but whenever I read news about some new development in the real estate market, my first instinct is to say, “What does this mean to me?” Hey I’m not proud of it, but that’s just how I’m wired.
This past two weeks we read that:
(1) GMAC and JPMorgan Chase [...]
Grumblings of a slum lord in the post-bust environment
Friday, September 24th, 2010Guest post by Brian Blum, Operating Manager, Maverick Structures LLC
I’m a real estate investor. I see opportunities in buildings – and in numbers, and I use those opportunities to create income and equity. What I do benefits society, but I’m not going to lie to you – I am driven to do it for my [...]
The sweet spot
Thursday, September 16th, 2010Clay Sparkman
We are always looking for the sweet spot these days in the real estate market. And by sweet spot, I mean that realm of investments that are on balance less risky and more likely to turn a profit in what is otherwise a jaded real estate market.
I have gone on a bit in my [...]
A brief unofficial analysis of the private money market for investors
Tuesday, July 13th, 2010Clay Sparkman
The national economy is in a state of confusion and the local economy is in a state of confusion. So what does this mean for the market for investing in trust deed based loans?
Well of course nobody really knows–and this is just my take on it–but here goes: First of all, let’s talk briefly [...]
Question: what will it take to get the banks to lend?
Monday, June 14th, 2010Clay Sparkman
Back in January, in my post entitled, “Won’t somebody please call a plumber … the banks are clogged,” I addressed what I consider to be the essential question regarding what it will take to get the real estate economy on track and moving in the right direction assertively and with confidence again.
And now, nearly [...]
Those who shorted subprime
Monday, May 24th, 2010Clay Sparkman
I just recently finished reading The Greatest Trade Ever, the 2009 book by Wall Street Journal reporter Gregory Zuckerman. It is a terrific read. I really enjoyed it. It evolves primarily around John Paulson, and tells the story of how he managed to make billions of dollars for himself and his hedge fund investors [...]
Is Oregon next?
Thursday, February 18th, 2010Clay Sparkman
After many years of holding relatively firm, the real estate market in the Pacific Northwest may be in trouble. The following informative piece was printed yesterday at Business Insider. Make sure to follow the “Check out how bad Oregon has become” link and the 14 slides that accompany the article.
http://www.businessinsider.com/oregons-expanding-foreclosure-rate-could-make-it-the-next-california-2010-2
What does this mean for [...]
Won’t somebody please call a plumber … the banks are clogged
Tuesday, January 5th, 2010Clay Sparkman
One of my dear good readers sent the following e-mail in response to my last post, Home strippers coming to a neighborhood near you.
“Good topic Clay. Now forgetting about us private lenders, the conventional lenders continue to be their own worst enemies. They persist in bringing the properties to the city hall steps at 40% over [...]
Commercial real estate tsunami?
Sunday, December 6th, 2009Clay Sparkman
There has been quite a bit of talk in 2009 about the possibility of a meltdown in the market for commercial real estate. I came across some statistics recently that were quite astounding in support of the idea that a wave of commercial defaults is coming. It is estimated, apparently, that there is currently [...]
