Member’s of the Michigan chapter of the Women’s Council of Realtors attest to the positive changes it has brought to their lives personally and professionall…
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Archive for the ‘Real Estate’ Category
Women’s Council of Realtors
Thursday, May 16th, 2013Real Estate Performance Review for North Barrington Announced by John Herman Team
Wednesday, May 15th, 2013
(PRWEB) May 02, 2013
There was a significant increase of 26.2% in the median sales price for homes, townhomes, and condos in North Barrington for the year ending March 31, 2013. The median sales price rose from $ 407,000 for the year ending March 31, 2012 to $ 513,750 for the year ending March 31, 2013. There was also an increase in the number closed sales for homes in the area. The number of closed sale rose from 2 closed sales for the year ending March 31, 2012 to 4 closed sales for the year ending March 31, 2013. This is encouraging news since the year did see a decrease in the number of homes for sale in the area. The number of homes for sale in North Barrington dropped by 25.4%. The number of homes for sale fell from 71 homes for the year ending March 31, 2012 to 53 homes for the year ending March 31, 2013. After seeing a decrease last year in the number of new listings, as the number fell from 17 new listings for the year ending March 31, 2011 to 12 new listings for the year ending March 31, 2012, this number remained steady this year at 12 new listings for the year ending March 31 2013.
There was a sharp decrease in the months supply of inventory for the third straight year. The months supply of inventory fell from 20.9 homes for the year ending March 31, 2011 to 17.4 homes for the year ending March 31, 2012 to 12.5 homes for the year ending March 31, 2013. This represents a decrease of 28.1% for the year ending March 31, 2013. The year also saw a large increase in the market time for homes, condos, and townhomes in North Barrington. The number of days homes remained on the market increased from 132 days for the year ending March 31, 2012 to 562 days for the year ending March 31, 2013.
Welcoming his 12th year of Real Estate experience, http:// John Herman effectively turns buyers into owners, and closes listings successfully with Barrington Real Estate, Illinois. Clients are quickly referred to as guests in his home market, welcoming everyone to his performance standards uniquely separating him from the competition. Johns diligent work with clients earned him a 2011 Five Star Professional Award. As a daily hard working Realtor, John has made it in the top 7% of Real Estate agents granted this award. With his Masters Degree, John is also certified in Foreclosure and Short Sale transactions along with certification as an Accredited Home Buyer Representative. John and his team are localized experts with over 20 years of real estate experience within the beautiful area of Chicago. John Herman controls the necessary actions to position the right inspector, plumber, or resourceful help needed to close every deal properly.
GCA Equity Partners, LLC Announces First Quarter Results for its GCA California Real Estate Fund
Tuesday, May 14th, 2013
Campbell, California (PRWEB) May 14, 2013
GCA Equity Partners, LLC, today announced that the GCA California Real Estate Fund, LLC provided its investors with a net annualized return of 14.27% for the first quarter ended March 31, 2013. Investors who have participated since inception have realized a net annualized return of 12.77%. The fund provides short-term financing for the purchase and rehabilitation of distressed properties as well as for new construction.
Strong real estate market conditions are driving the funds performance. According to the California Association of Realtors, The March price {for single family homes} was up 28.2 percent from a revised $ 295,630 recorded in March 2012, marking the 13th consecutive month of annual price increases and the ninth consecutive month of double-digit annual gains. The structure of the GCA California Real Estate Fund enables its investors to benefit from market appreciation, as well as earn regular interest income.
Its very gratifying to know that our investors are so pleased with the funds performance, said Charles Tralka, fund manager for GCA Equity Partners. We attribute its consistent double digit results to-date not only to strong market conditions but also to our unique deal evaluation, structuring, and management processes, which are designed to reduce risk and increase returns.
Wondering what else GCA Equity Partners is up to? Stay up to date on Facebook and Twitter.
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About GCA Equity Partners
The Fund, a California State registered offering, offers investors an 8% annual preferred rate, but targets total annualized investor returns in the low double digit range through its combined interest and shared appreciation (contingent interest) lending model. Investors must be California residents, meet certain income and/or net worth requirements, and limit their investment in the Fund to no more than 10% of their net worth as defined by the State of California. More information about GCA Equity Partners and the GCA California Real Estate Fund is available at http://www.gcaequitypartners.com.
About the Fund Managers
The managers of the GCA California Real Estate Fund, Thomas Braegelmann and Charles Tralka, have a combined total of more than 50 years of real estate investment experience. They strategically identify properties to be funded by looking for strong profit potential, and then structure deals that are closely aligned with investor interests.
In Light of the Recent Bank Crisis in Cyprus, IRA Financial Group Clients Looking to Hold Gold Personally in their Self-Directed IRA Accounts
Tuesday, May 14th, 2013
Miami, FL (PRWEB) May 07, 2013
IRA Financial Group, the leading provider of self-directed IRA LLCs, has seen a growing number of retirement investor looking to protect their retirement funds from a Cyprus type banking crisis that could wipe out their retirement savings. We have seen a growing number of retirement investors looking to hold gold and IRS approve coins, such as American Eagles, personally, stated Adam Bergman, a tax attorney with the IRA Financial Group.
Cyprus, which has been a member of the European Union since 2004 and the Euro zone since 2008, was recently on the brink of financial collapse. Its two major banks, the Popular (Laiki) and the Bank of Cyprus were abruptly closed on March 15, 2013 until further notice. A large number of U.S. investors took notice what occurred in Cyprus and turned to holding gold and American Eagle coins personally in a self-directed IRA LLC, stated Mr. Bergman. “Holding gold personally in a self-directed IRA has offered retirement investors a safeguard against a U.S. bank crisis akin to what occurred in Cyprus in 2013, ” stated Mr. Bergman.
Unlike precious metals, the Internal revenue Code and the legislative history does not include a requirement that IRS approved coins be held in the physical possession of a U.S. trustee. When it comes to coins or metals, Internal revenue Code Section 408 is generally the provision that applies. In general, collectibles such as artworks, rugs, stamps, certain coins, beverages and antiques, etc. are not allowed within a Self-Directed IRA LLC pursuant to Internal Revenue Code Section 408.
Internal Revenue Code Section 408 is specific as to what defines a collectible. Some notable exceptions are allowed for certain gold (such as American Eagle) and silver coins and any coins issued by a state. Legislation in 1997 further liberalized the rules for IRAs by making reference to specific definitions of acceptable coins in USCS, title 31; IRC sections 5112(a), (e) and (k); the Commodity Exchange Act; and IRC section 408(m)(3).
Holding gold coins personally in a self-directed IRA LLC as provided a number of pour clients with comfort that their retirement funds will be protected in the case of a domestic banking crisis, stated Maria Ritsi, a paralegal with the IRA Financial Group. IRA Financial Group does recommend that its clients hold IRS approved gold and coins at a depository or IRS approved trustee.
The IRA Financial Group was founded by a group of top law firm tax and ERISA lawyers who have worked at some of the largest law firms in the United States, such as White & Case LLP, Dewey & LeBoeuf LLP, and Thelen LLP.
IRA Financial Group is the market’s leading provider of “checkbook control” self-directed IRA LLC structures. IRA Financial Group has helped thousands of clients take back control over their retirement funds while gaining the ability to invest in almost any type of investment, including real estate without custodian consent.
To learn more about the IRA Financial Group please visit our website at http://www.irafinancialgroup.com or call 800-472-0646.
Real Estate Performance Review for Long Grove Announced by John Herman Team
Monday, May 13th, 2013
(PRWEB) May 01, 2013
There was a significant increase of 71.6% in the number of closed sales for homes, townhomes, and condos for sale in Long Grove for the year ending March 31, 2013. The number of closed sales rose from 74 closed sales for the year ending March 31, 2012 to 127 closed sales for the year ending March 31, 2013. This is good news considering the number of homes for sale in the area has declined for the third straight year. The number of homes for sale fell from 137 homes for the year ending March 31, 2011 to 129 homes for the year ending March 31, 2012 to finally 108 homes for sale for the year ending March 31, 2013.
There was also a decrease in the number of new listings for homes for sale in Long Grove, as the number fell from 257 new listings for the year ending March 31, 2012 to 235 new listings for the year ending March 31, 2013. This created a decrease in the months supply of inventory for the year ending March 31, 2013. The months supply of inventory has fallen for the past three years, dropping from 23.1 homes for the year ending March 31 2011 to 19.6 homes for the year ending March 31 2012 to 12.1 homes for the year ending March 31 2013. The year also saw a slight decrease in the median sales price for homes, condos, and townhome in Long Grove. The median sales price declined from $ 650,000 for the year ending March 31, 2011 to $ 576,944 for the year ending March 31, 2012 to $ 560,000 for the year ending March 31, 2013. There was, however, improvement in the market time, as the number of days homes remained on the market fell from 306 days in March 31, 2012 to 189 days in March 31, 2013.
Welcoming his 12th year of Real Estate experience, John Herman effectively turns buyers into owners, and closes listings successfully with Barrington Real Estate, Illinois. Clients are quickly referred to as guests in his home market, welcoming everyone to his performance standards uniquely separating him from the competition. John’s diligent work with clients earned him a 2011 Five Star Professional Award. As a daily hard working Realtor, John has made it in the top 7% of Real Estate agents granted this award. With his Master’s Degree, John is also certified in Foreclosure and Short Sale transactions along with certification as an Accredited Home Buyer Representative. John and his team are localized experts with over 20 years of real estate experience within the beautiful area of Chicago. John Herman controls the necessary actions to position the right inspector, plumber, or resourceful help needed to close every deal properly.
