Chris Martin's (wakeproperties) Blog

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RECENT BLOG POSTS
Banks are lending to investors It is true, banks are lending to investors. For individual investors and companies (LLCs, etc.) that have a proven and financially successful track record, banks that service what they originate may be the answer to your financing needs. Especially for your fourth l...
01/21/2009
New home sales accounted for 43% of Wake county, NC sales activity in 2007. Keeping track of builder inventory may help your buyers make more informed decisions and negotiate better deals. The following is a snapshot of Wake county, NC builders activity. (Data provided by the county records**.)  ...
01/12/2009
Building permits hit the skids. DOLLAR VALUE LISTED ON BUILDING PERMITS - (Residential New) Month2007 2008 jan $169,302,331 $128,123,342 feb $194,431,325 $131,244,550 mar $287,666,571 $120,428,140 apr $213,087,871 $129,306,335 may $254,421,671 $120,078,078 jun $208,477,043 $109,874,730 jul $207,6...
01/04/2009
As a Wake county, NC investor, I am providing this follow-on to my last entry entitled "Real" 2008 foreclosure filings for Wake county, NC. I am supplying the number of substitute trustee (S-TR) filings in Wake county for 2008. Remember from the last blog entry that "real" foreclosure means a pro...
01/02/2009
2008 is now behind us. I've summarized the "real" 2008 foreclosure filings for Wake county, NC below. Foreclosure FilingsJan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 200021 33 36 27 40 31 31 32 28 45 32 24 380200159 38 28 39 49 29 43 42 34 41 60 40 502200260 41 57 51 57 50 78 63 96 59 60 48 72...
01/01/2009
I am an active real estate investor with a different focus from most other real estate professionals using activeRain. I don't care about commissions. To some degree I don't even care about making sales. My real concerns are cash flow and margins. My priorities are finding good property at a disc...
12/31/2008
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