Team Thayer Property Servicing

Freddie Mac ’s  Multi-Indicator Market Index  (MiMi) for October 2015 released this week remained in the outer range of stable and continues to slowly improve, but an economist from the GSE says the “vast majority” of housing markets are still trying to return to their long-term “benchmark normal” range. The national MiMi, which monitors and measures the stability of the nation’s housing market and the housing markets of all 50 states, the District of Columbia, and the top 100 metro areas, had a value of 81.3 as of the end of September, placing it in the low range of stable. It was still an improvement of 0.67 percentage points from August to September, a three-month improvement of 1.85 percentage points, and a year-over-year climb of 5.79 percentage points. September’s national MiMi value of 81.3 is 37 percent higher than its all-time low of 52.7 from October 2010, but still significantly lower than its all-time high of 121.7 set in April 2006 prior to the recession. ...

 “What do I need to start investing in real estate?” The answer is more simple than you think. Whenever you get started in a new business, it is easy to get caught up in everything you don’t know. Fear and anxiety can quickly take hold of you if you let them. It is human nature to wait to make your move until everything is lined up perfectly. In reality, however, there will never be a perfect time to enter a new business. You will never know enough or have everything line up as perfectly as you would like. Instead of worrying about having your website up and running or having enough money, you just need to get started taking action. Before you do, here are a few of the essential things you must have in place: 1. A firm plan: Ok, so you are going to be a real estate investor. How are you going to do it? There is too much at stake to simply say that you are going to figure it out as you go. You don’t need a website or even business cards to get started, but you do ne...