Friday, February 27, 2009

Daily Real Estate News

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February 27, 2009

Advertisement
Win $10,000 for your community:
Apply for REALTOR Magazine's Good Neighbor Awards, which recognize REALTORS for exceptional volunteer work. Five winners will receive $10,000 grants for their community project, national publicity, and more. Deadline: May 22.

30-Year Rates Inch Up This Week
Freddie Mac reports an increase in the 30-year fixed mortgage rate to 5.07 percent. "Lower house prices and affordable mortgage rates have yet to spur housing demand," Freddie Mac's chief economist says.
Read more >
Nonprofit Group Invests in Affordable Rentals
The John D. and Catherine T. MacArthur Foundation will invest $32.5 million to ensure people have access to affordable rental housing.
Read more >
New Home Sales Fall to Record Low in January
Sales of new homes fell 10 percent in January to a seasonally adjusted annual rate of 309,000 from 344,000 in December
Read more >
Antiquated Laws Make Foreclosures More Likely
Many states have laws on the books that make it difficult for home owners to avoid foreclosure, says a new report by the National Consumer Law Center.
Read more >
Real Estate Marketer Gets Jail for Ponzi Scheme
A Denver judge Friday sentenced Frederic "Rick" Dryer to 132 years in prison for masterminding a $34 million Ponzi scheme that duped 1,250 real estate investors.
Read more >
Target Stores Feel Housing Pain
Target, which sells twice as many home-related goods as Wal-Mart, has seen sales of housing-related products fall 20 percent since 2007.
Read more >
These Days, Florida Isn't Aging So Gracefully
Florida's population grew about 2.5 percent annually, from 2.7 million in 1950 to 19 million last year. But now the growth rate is declining.
Read more >
Quiz: What Home Buyers and Sellers Want
Blog: How Staging Revived a Dated Listing
Buyer's Guide: GPS and Navigation Systems
What Digital Camera Do You Use?
In an upcoming Buyer's Guide, we'll be taking a look at digital cameras, an essential tool for today's real estate professional. Tell us which camera you use and why.
Read more >
Show Off Your Best Room Makeover Photos
Have you turned a less-than-perfect room into a showpiece? We're looking for submissions of your best room makeovers to feature in an upcoming slide show.
Read more >
Register for March 12 Short Sales Webinar
Some 40 percent of all transactions today are distressed sales. How do you overcome the many challenges these deals present? Tune in March 12 for tips on how to create a smooth experience for yourself and your clients.
Read more >
2009 Good Neighbor Awards Call for Entries
Are your an active volunteer in your community? Winners receive $10,000 to help their designated charity. The deadline for applications is May 22.
Read more >
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HOP E-Newsletter March 2009

NAR's Housing Opportunity Newsletter logo
MARCH 2009


HOP NEWS & UPDATES

Workforce Housing Grants Available for State Realtor® Housing Foundations/Associations
The Ira Gribin Workforce Housing Grants, named in honor of NAR’s 1989 president, provide one-time grants to state and territorial Realtor® associations or their housing foundations to support their workforce housing programs. Grants of $50,000 and above, based on a sliding scale according to the number of Realtor® members in a state or territory, are available from now through 2010 to state or territory Realtor® associations for eligible workforce housing programs. Read the grant application and guidelines. For more information please contact Lora McCray, Manager, Housing Opportunity Program at 202-383-7560 or by e-mail at iragribingrant@realtors.org.

Take a Home From Work Class
The Home From Work class is a unique opportunity to expand your business by working with area employers to implement an employer-assisted housing (EAH) benefits program. The 3-hour class provides you with the tools necessary to conduct home-buying workshops, schedule one-on-one home buying counseling sessions and develop financial benefit programs. See a listing of upcoming classes. If you do not see a class in your area, contact your local or state Realtor® association and ask them to sponsor a Home From Work class.

Create Housing Opportunities in Your Community with a Housing Opportunity Fund Grant
Local and state REALTOR® associations can request financial support for programs and activities that create housing opportunities for area residents. The grants can be used for activities such as housing symposiums, homebuyer resource Web sites and guides, counseling services, financial literacy efforts, homebuyer fairs, down payment assistance programs, public opinion surveys or other housing related programs. Get all the details of the Grant.

Big Savings on NAR Certificate Course
April is just around the corner and marks the 41st anniversary of the 1968 Fair Housing Act, as well as Fair Housing Month. Mark the occasion by taking NAR's At Home with Diversity certificate course for 50% off the regular fee (a $25 savings) during the month of April. Upon successful course completion, students receive an NAR AHWD certificate and are searchable on REALTOR.org as a professional who has received this diversity certificate. Read more information on this savings and see additional program ideas for Fair Housing Month.

Learn How To Expand Your Business Through Housing Opportunities
At Midyear, on May 11th, NAR will pilot Expanding Housing Opportunities, a new 6-hour course designed to: educate Realtors® on the range of affordable housing opportunities and clients seeking them; increase Realtors®' knowledge of how affordability impacts the housing market, their clients, their business, and their community; help Realtors® analyze affordable financing options through credible lenders, including local, state, federal and non-profit assistance programs for buyers and renters; and teach Realtors® how to better leverage partnerships and resources to expand housing opportunities through workforce housing, green building, and advocacy. The course will be offered on Monday, May 11, 2009 from 9am to 3pm. Don’t miss the chance to be one of the first people to take this exciting new class. For details about the course contact Lora McCray at 202-383-7560 or lmccray@realtors.org

NAR Launches New NAR Foreclosure and Prevention Program
NAR is launching a $3 million initiative, the "NAR Foreclosure Prevention and Prevention Program", to help state and local Realtor associations develop plans of action to prevent foreclosures and respond to its adverse impacts. The initiative will address three priorities: educate Realtors with customized training; work with homeowners to avoid foreclosures; and engage in communities to minimize the adverse impact of foreclosure. For more information, contact Bill Gilmartin at wgilmartin@realtors.org.

LEGISLATIVE & REGULATORY UPDATES

The Economic Stimulus Bill Update
The “American Recovery and Reinvestment Act of 2009 was signed by the President on February 17, 2009. The mix of provisions of interest to REALTORS® changed frequently throughout the legislative process. In the end, the elements of NAR’s housing agenda were included. Congress and the President have announced that a finance and housing package will be the next “big” initiative, so Congress has by no means finished its work as it affects the housing industry and REALTORS®. The bill includes several provisions regarding housing including a Homebuyer Tax Credit, FHA, Fannie Mae and Freddie Mac Loan Limits & Neighborhood Stabilization. Read More.

Homeowner Affordability and Stability Plan Supported by Realtors®
President Obama’s $75 billion Homeowner Affordability and Stability Plan, which NAR commends, would help struggling homeowners by providing incentives to lenders, servicers, mortgage holders and borrowers to help modify mortgage loans. The U.S. Treasury Department will be issuing uniform guidelines in early March. Consistent with NAR’s recommendations, financial institutions receiving assistance must agree to follow the guidelines. Read all the details.

'HOPE For Homeowners' Legislation Introduced in Congress
NAR is supporting legislation that would improve options for homeowners by revamping the HOPE for Homeowners program, which makes FHA financing available to people who refinance out of troubled loans. The legislation, H.R. 703, was introduced by House Financial Services Committee Chairman Barney Frank, D-Mass., and is designed to ease loan modifications and improve refinancing options for America’s troubled homeowners. “HOPE for Homeowners, was designed to help families refinance into safer, more affordable mortgages, in many cases helping those families avoid a devastating foreclosure,” said NAR President Charles McMillan. Read the Press Release.

HOUSING & ECONOMIC INDICATORS

Pending Home Sales Index
The Pending Home Sales Index for December 2008 increased, suggesting buyers are taking advantage of improved affordability conditions. The index rose 6.3 percent to 87.7 from an upwardly revised reading of 82.5 in November, and is 2.1 percent higher than December 2007. "The biggest gains were in areas with the biggest improvements in affordability, but affordability isn't enough to stabilize sales" said NAR Chief Economist Lawrence Yun and went on to say a significant housing stimulus and mortgage availability for qualified borrowers was also needed.

Existing-Home Sales
Existing-home sales declined in January and fell 5.3 percent to a seasonally adjusted annual rate of 4.49 million units in January from a level of 4.74 million units in December, and are 8.6 percent lower the 4.91 million-unit pace in January 2008. Lawrence Yun, NAR chief economist, said there was understandable hesitation by some home buyers saying “Given so much stimulus package discussion in January, some would-be buyers simply sat out for clarity and certainty on the nature of housing stimulus”. Read the Press Release.

See all the housing & economic indicators.

HOUSING OPPORTUNITY IN THE NEWS

Housing Solutions Spotlight
REALTORS® Association of York and Adams Counties
In York and Adams Counties in southeastern Pennsylvania, REALTORS® have rolled up their sleeves and are working closely with elected officials and city planners to influence the shape of development with the help of two NAR Smart Growth Action Grants. Read the details.

Housing Initiatives in the News
National Multi-City Litigation Working Group on Foreclosures
Cities across the nation have watched homes go vacant and neighborhoods deteriorate. Now, St. Paul, Minnesota, and Baltimore, Maryland, are teaming up with other cities across the nation to combat the foreclosure crisis. The National Multi-City Litigation Working Group on Foreclosures will coordinate legal strategies to deal with mortgage lenders, pool resources and legal clout, and search for alternatives to lawsuits to encourage lenders to become part of the solution.

Housing Opportunity News & Resources
NAR's Field Guide to Foreclosures
This field guide provides links and tips for the potential investor as well as help for those trying to prevent foreclosure.

Demand for Homebuyer Education Rises in Wake of Home Crisis
Concerned by foreclosures but keen to take advantage of sliding home prices, a growing number of prospective buyers in the United States are signing up for homebuyer education courses, according to reports by several NeighborWorks network members interviewed by Reuters.

If you would like more information about the Housing Opportunity Program please contact us at housingopportunity@realtors.org.


NATIONAL ASSOCIATION OF REALTORS®
Housing Opportunities Program
500 New Jersey Avenue, NW Washington, DC 20001

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EVENTS & TRAININGS
Home From Work Trainings
March 5 - Stevens Point, WI
March 16 - Riverton, WY
March 16 - Marietta, GA
March 17 - Pinedale, WY
March 18 - Norwich, CT
March 18 - Evanston, WY
March 18 - Orlando, FL
March 25 - Las Vegas, NV
March 26 - Gillette, WY
March 30 - Fort Myers, FL
March 30 - Torrington, WY
2009 NAR Resort Symposium
Home From Work & EAH in Resort Communities
March 31- Naples, FL

Thursday, February 26, 2009

Business Tips: Taming the Wild West of Short Sales

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March 2009

In This Issue:
Short Sales: The New Wild West    Read now >
Video: Shadow a Condo Master    Read now >
Sales Coach: The Smart Way to Gossip    Read now >
Words of Wisdom for Tough Times    Read now >
Shopping for a New GPS? What to Look For    Read now >
New-Home Warranties: Know the Basics    Read now >
Register for Our Free Short Sales Webinar    Read now >

Advertisement
Close to 80% of REALTORS® are involved in some sort of professional development*.  Don’t just get a certification – get a real estate degree and improve YOUR market value. 100% Online. Marylhurst University, since 1893. *2007 REALTOR® Magazine MRI Study.

Short Sales: The New Wild West
Distressed sales account for 40 percent of transactions today, but these deals come with a bevy of challenges, from pushy lenders to ineffective third-party negotiators.
Read more >
Video: Shadow a Condo Master
In some fields, an apprenticeship or residency kicks off a successful career. But in real estate, most new licensees just jump right in. Here's your chance to learn from a master.
Read more >
Sales Coach: The Smart Way to Gossip
Real estate practitioners are often the first to know what's going on in the community, but you've got to be careful about what news you're spreading and how.
Read more >
Words of Wisdom for Tough Times
In times like these it's helpful to gain perspective from veteran real estate pros. Geary Jones, with 50 years' experience, tells how he survived serious downturns.
Read more >
Shopping for a New GPS? What to Look For
Navigation systems have become a necessity for working in real estate. Our March Buyer's Guide explains the most important specs and provides products for every budget.
Read more >

New-Home Warranties: Know the Basics
Working with a buyer who insists on new construction? Although you don't want to give advice on construction quality, you can add value by sharing your knowledge of new-home warranties.
Read more >
Register for Our Free Short Sales Webinar
Tune in to our March 12 Webinar for a valuable lesson on how to master short sales. Scott Thompson, a real estate broker and distressed-sales consultant, will share tips and take your questions.
Read more >
Good Neighbor Applications Available
Selling: How to Do a Home Swap
Great Garages Spur Offers
Design Psychology 101
5 Strategies for Handling Objections
Cool Tools: Floor Plans Made Easy
Manage Your Online Reputation
We're Here to Help
Economy: Return to the Middle
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Daily Real Estate News

If you have trouble reading this e-mail click here.

February 26, 2009

Advertisement
Win $10,000 for your community:
Apply for REALTOR Magazine's Good Neighbor Awards, which recognize REALTORS for exceptional volunteer work. Five winners will receive $10,000 grants for their community project, national publicity, and more. Deadline: May 22.

NAR: Obama Budget Item Could Hurt MID
A small provision in the administration's budget proposal could hurt the housing market by capping the mortgage interest deduction for some taxpayers.
Read more >
FHA and Conforming Loan Limits Released
For many areas, last year's loan limits are staying in place.
Read more >
How the Stimulus Can Help Your Business
Better Homes and Garden executive advises salespeople to become an expert on every detail of the plan.
Read more >
Poll: New Transit Sought Over New Roads
Improve transit and fix roads, many Americans say.
Read more >
House Expected to Vote on Cramdown Bill
Financial Services Roundtable continues to worry about consequences of the bill.
Read more >
Foreclosure Plan Helps Fewer Than Need It
Restrictions mean that only a percentage of borrowers can qualify.
Read more >
Fla.: Builder Hopes Panhandle Airport Helps
Company shrinks but continues to look at long-term development goals.
Read more >
Tribune Won't Sell Landmark Headquarters
Slow market affects the company's plan for one of its most visible assets.
Read more >
Quiz: What Home Buyers and Sellers Want
Blog: How Staging Revived a Dated Listing
Buyer's Guide: GPS and Navigation Systems
Your Best Commercial Deals
Have you or your client purchased a troubled REO apartment or commercial property within the last six to nine months? If so, share your story with REALTOR Magazine.
Read more >
Reinventing Your Commercial Listing
Have your or your client bought or sold a building that you're repositioning or are you repositioning a current asset that is struggling?
Read more >
What Digital Camera Do You Use?
In an upcoming buyer's guide, Realtor Magazine will be taking a look at digital cameras, an essential tool for today's real estate professional. Tell us which camera you use and why.
Read more >
Short Sales Webinar: Finding Income in a Tough Market
Learn the basics and the best practices of handling short sales from both the listing and the selling side. Register today for this free Webinar hosted by REALTOR Magazine.
Read more >
2009 Good Neighbor Awards Call for Entries
Are your an active volunteer in your community? Winners receive $10,000 to help their designated charity. The deadline for applications is May 22.
Read more >
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Manage E-mail Preferences: To change your e-mail address, or manage your subscriptions, please log in to your REALTOR.org account. Your REALTOR.org username is TelanganaDeccan.
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The Golden Truth - How pure is the gold that you hold?

Please CLICK HERE if you are unable to view this mailer correctly
The Golden Truth: Where Would Gold go from here?

How pure is the gold that you hold?

A 60 year old father goes to a jewellers shop to encash the gold which he has meticulously saved over years to cover the expenses for his daughter's marriage. To his horror, the jeweller says that "Sorry Uncle, your Gold is impure and contains other substances such as iridium and ruthenium, So, I can't offer you the current market rate of the gold". The father reluctantly had to accept the discounted rate.

Such instances are not very rare in India. The fact that the gold jewellery which is being sold to the customers at market rate is mixed with impure substances, appeared in a recent media report (Source: Times of India, Mumbai Edition 30th Jan.2009). It was reported that impure substances such as Iridium and Ruthenium were mixed with Gold to the extent of 6%. Such mixing can not be detected by the naked eye of a gullible investor unless the gold is subjected to extensive purity test.

It's indeed earth shaking for all Gold investors in India. We all buy gold or jewellery as a means of securing our future or funding long term liabilities, such as daughter's marriage or medical expenses or son's education abroad. But we may not be sure of the purity of Gold that we hold and how much value we may have to lose if it's impure. Such fact's can shatter consumer's faith in buying Gold in physical form, which is considered as a safe haven.

Investors gaining exposure to gold by saving and Investing in the form of jewellery may find this fact hard to digest.

Jewellers usually add some amount of Copper and Silver to the Gold Jewelry during the making process to harden the Gold. All of us also know about the high making costs that we are charged for making of the jewellery. Over and above this, there are profit margins added to the final price of the gold jewellery, making the total cost of jewellery much higher than the real market price.

Now, the adulteration of gold by adding other elements not only makes it impure but consumers are made to pay higher for this impurity. And on top of that, when the consumer sells the jewellery, the jeweller deducts the weight for the portion that's impure; resulting in a double loss for consumers.

Buying Gold in Jewelry form = Gold Price + Making charges + other metals added to harden gold in jewellery form + Profit Margins + Adulteration



So, are you still buying your gold from the jeweller?

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No; may differ from jeweller to jeweller

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3

Premium paid over gold price

High; making charges and profit margins included

No premium over standard price of Gold

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Low; Physical movement and transfer is involved

High; the assets are held in a demat account

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High, as it is in physical form; locker or safe

Low; for the investor, it is stored in a demat account

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Security of the asset

Investor is responsible

Fund house takes care of this

7

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At a high discount; making charges are deducted again

Easily traded on the NSE
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Disclaimer: The views expressed in this article are of Quantum AMC Pvt. Ltd., and is in no way a definite prediction on trends of Gold. The views are based on past trends in the bullion markets, which may or may not be sustained in the future.

This mail communication is an initiative of Quantum AMC Pvt. Ltd. If you do not wish to receive these in the future, kindly reply to this email marking "Unsubscribe" in the subject line.

Wednesday, February 25, 2009

Urgent: Buy These Blue-chip Stocks Now

Dear Equitymaster Reader,

Are you someone who is always on the look-out for blue-chip stocks available for dirt-cheap?

If so, then we have some fantastic news for you...

You now have plenty of blue-chip stocks that would fit your investment criteria. It's literally a dream come true if you can identify the "right" blue-chip stocks!

But how are you going to know which ones to invest in?

How you are going to sift through the VAST universe of blue-chip stocks and identify the more reliable ones?

I'll tell you how...

Equitymaster's StockSelect service does that, and more, for you.

Just in the recent month, StockSelect subscribers have received reports on five blue-chip companies, ranging from the hospitality to the steel sectors. Each of these stocks has the potential to at least double (a couple could triple) in the next 2 to 3 years!

And given that these are blue-chip stocks that we are talking about, there is not much risk involved!

To find out... in detail... what all StockSelect offers and why NOW is the best time to sign up for a service like this read below.

Warm Regards,

Rahul Goel
CEO
Equitymaster.com

Why buying some
"about-to-go-bankrupt"
companies can be the
best decision you ever make
 

Dear Savvy Investor,

If I told you that you could make 236% returns in the next 2-3 years... investing in stocks of companies that people say are about to go bankrupt...would you believe me?

Probably not!

But it has happened before -- companies that were thought to be 'finished' have made a miraculous turnaround and generated profits for investors in just a couple of years -- and it can definitely happen again.

In fact, we're literally in the middle of something similar now. If you act fast, you could benefit immensely from the opportunity.

Listen, I understand you might be feeling skeptical about investing in stocks at this time. After all, people have lost millions in the stock market in the recent months.

But I'm certain that if you heed my advice and cash in on this opportunity, two to three years down the line you will thank me for it.

To show you how utterly profitable this opportunity could be, let me take you six years into the past when a similar scenario last appeared...

Rewind to 2002...

It was the year 2002. The markets were gradually recovering from the lows reached after the 9/11 U.S. attacks.

Everything seemed to be limping back to normal...until...

In the March of 2002, the markets across the globe started sliding. This fall continued and dramatic declines were observed in July and September leading to lows last observed in 1997 and 1998.

The Indian economy also wasn't spared.

Some of the problems already prevalent in India during this time were:

  • Growth in agriculture was way below expectations
  • The industrial sector was reeling under the impact of the severe slowdown in demand
  • The economy was stuck in a low growth trajectory for five years in a row. Unemployment was growing rapidly
  • Government finances were in a bad shape
  • Imports had declined and export growth decelerated sharply

    The result of the combined effect of global and domestic problems was that...

    Even Large, Well-Managed Companies Were Severely Hit

    Yes! Even large, well-managed companies in India couldn't escape unscathed. Reduction in global economic activity was taking its toll on these companies also.

    For some of these companies, everybody thought it was 'game over'. People said they would go bankrupt tomorrow.

    But no! These companies...not only did they do a complete reversal, they also made HUGE profits for investors who had daringly invested in them.

    Let me tell you about just two such companies now...

    The first company was Tata Steel

    The global economic downturn had resulted in a sharp reduction in demand for steel. Add to that the stiff competition in the domestic and international markets and steel prices hit rock bottom in 2001/2002.

    The fact that Tata Steel had a lot of high cost debt on its books did not help. And then there was the matter of high employee costs.

    The company's profits crashed threatening its very existence. It was almost certain that the company would not recover.

    But Tata Steel did make a dramatic turnaround...just as we had anticipated.

    And those who purchased shares of Tata Steel at that time earned huge returns from it in the next five years.

    Take a look at its performance since then to its all time high....

    Tata Steel: Stock Price

    The second company was Thermax

    Thermax was in deep trouble at the start of this decade. There was an overall economic slump in India. The company was not able to get adequate funding for its domestic expansion projects. To make matters worse, its exports performance was not enthusing as well.

    And the net result - the company was making losses at the operating level.

    This is when everyone thought Thermax was not going to survive the downturn.

    But it did, as we had believed at the time of our recommendation in December 2002! Thermax has since posted strong performances year after year.

    And naturally, those who invested in this company at the time of our recommendation would have made a lot of money on it.

    Here's how it has performed since we recommended it to our subscribers in 2002 till its peak in 2007...

    Thermax: Thermax Stock Price

    And these are just two companies which have made dramatic turnarounds.

    The important thing for you obviously is to buy these companies when they're available at bargain prices...so that you can profit from them when they grow rapidly in a few years.

    Now the most important question...

    Which Indian Companies
    Should You Buy?

    Yes, I'm getting to that...

    As you know, India has been experiencing a prolonged bear market for the past few months due to the global financial crisis.

    Stocks that would normally be 2, 5 or even 10 times more expensive are now selling for a fraction of that price.

    This should actually be a bad thing. But for people like you and me, it is a blessing in disguise.

    Why?

    Because you can now grab the shares of large "blue-chip" companies for dirt-cheap.

    Here are three characteristics of blue-chip companies which you must know -

    1. They are well-managed and have consistently performed across business cycles
    2. They have the resources to not only weather the downturn, but to emerge stronger from it
    3. Long-terms prospects are outstanding

    Moreover, great companies always recover when the storm passes. So if you buy these stocks now, you could easily make attractive returns in the next 2-3 years.

    But you cannot buy just any company. You need to know exactly which companies are likely to make bigger profits for you.

    And This Is Where
    Equitymaster Comes In...

    You see, we've got this Premium research service called StockSelect.

    Simply stated, StockSelect is our Large Cap stock recommendation service.

    If you're looking at building a portfolio of blue-chip stocks that will deliver steady long-term returns, then this is the service you need to be subscribed to.

    StockSelect tells you which big companies are a "must-have" for your portfolio... and more importantly, it notifies you as and when they're available at attractive valuations.

    StockSelect works on a simple principle - buying great companies at bargain prices, and then making staggering returns on them when the company grows rapidly in a few years.

    It has a great service record dating back to as early as 2002.

     Even recently also, we recommended some companies which have done really well since then.  The companies are...

    a) We recently recommended a domestic cement major when everyone was questioning the potential of the industry. We believed that given the huge infrastructure opportunity that India stares at, cement will be a key growth industry and this company will have a leading role to play therein. Since or recommendation the stock price has spurted; but there is still a long way to go before it hits our target price.

    Cement: Cement Company (Base=100)

    b) We recommended this shipping stock when fear was rampant with respect to the survival of such businesses. While we believed that these fears - of companies going down under, of global trade evaporating, and of a doomed global economy - were not for real, it was but a stage in a business cycle. We believed that one of the key drivers for the shipping industry - rising consumption and trade of commodities like oil, iron ore and coal, or food grains - will remain a key growth driver for this company. This stock is already up significantly since our recommendation, and in our view, still has a long way to go.

    Shipping: Shipping Company (Base=100)

    c) This commodity stock was recommended as we felt that the concerns surrounding it were way exaggerated. We continue to believe that the company has a strong management team and robust balance sheet to tide over the downturn with minimal impact. Not to mention the fact that every time there has been a downturn, this company has emerged stronger. Not co-incidentally, the stock has run up dramatically since we recommended.

    Steel: Steel Company (Base=100)

    Through StockSelect you get...

  • 52 buy/sell/hold recommendations per year
  • Quarterly updates on companies under coverage
  • 800 subscriber only articles
  • Special reports when opportunities present themselves
  • Premium online portfolio tracker software
  • And "5 Min Wrap-up" - Our daily newsletter which discusses that day's major happenings and how they could affect investments in a specific sector, theme or economy.

    But wait, there's more...

    Free Access to Equitymaster WebSummits

    We conducted our first ever Equitymaster WebSummit on Nov. 7, 2008.

    The guest speaker on this webinar was Ajit Dayal. Ajit as you now is the Director of Quantum Advisors Private Limited & Quantum Asset Management Company Limited.

    During the webinar, Ajit discussed a lot of things like the cause of the global financial crisis, what you should do now, where to invest your money, etc. He even answered a number of questions that our subscribers had.

    Here's what some of the attendees had to say about the WebSummit:

    This session was really informative and also educational for many of us as investors in the market. - S. C. Nandi

    It was an amazing session, simple yet profound. - Nalin Kant Srivastava

    The Q & A session was extremely interesting and I look forward to participating in more such webinars in the future. - Sunil Bagwe

    This event was FREE for our Premium Subscribers. But others paid us Rs 1,990 to get in.

    So if you sign up to StockSelect fast, you can attend our next Webinar with renowned investor Ramesh Damani on Jan. 12th absolutely free.

    This Webinar was aired on Jan 12th at 5.30 pm as stated earlier.

    During the webinar, Ramesh Damani revealed the sector that will lead the next stock market rally and gave his reasons for that.

    If you're a premium subscriber of Equitymaster Research, the recording of this webinar will be made available to you in your member's area over the next few days. Just log in and view it.

    If you're not a premium subscriber, just subscribe to Stockselect through this offer and you'll get access to the recording instantly.

    And remember, this is just one of the many webinars we plan to conduct.

    Equitymaster Stock Market Yearbook 2009
    (CD Version)

    The Yearbook is a compilation of the company information of 200 carefully selected companies.

    For each of the 200 selected companies, the Equitymaster Stock Market Yearbook provides a full page of financial and other important data, conveniently tabulated under relevant headings with a host of important ratios.

    Fundamentals such as profitability, share valuations and trends in growth are revealed at a glance.

    Apart from the current data, the Yearbook also provides information on the history of each company and its progress and transformation over time.

    Simply stated, this book offers accurate, unbiased and detailed data on leading companies, sectors and economy... all in one place.

    The Yearbook usually costs Rs 750. But you get it absolutely FREE by subscribing to StockSelect now.

    (By the way, we will dispatch you a copy of the Yearbook within 24 hours of receiving your payment. And if you reside outside of India, we will email you a PDF version of the Yearbook since we are unable to deliver outside of India by post.)

    And this Yearbook is yours to keep...regardless of whether you continue your subscription or not.

    An Opportunity to Earn 236% Returns!

    In addition, we'll also give you details on one blue-chip stock that you can make a lot of money from... 236% to be precise.

    Due to the global financial crisis and overall decrease in sales in the automotive sector, this company's stock value has fallen about 75% from its highest levels over the last one year.

    But since this company is backed by a strong parent group...and since it's slated to become a household name in India on the back of a historic venture that it's going to start...we are confident it will do extremely well.

    Hence, this is your chance to grab the shares of this blue-chip company for dirt-cheap.

    All details on this company have been given in a special report titled  "Stock that will repeat history and turn multi-bagger".  

    This report is exclusively available to all subscribers of StockSelect. So if you sign up now, you'll have to chance to find out what this company is and buy its shares while the prices are still down.

    The Final Decision Is Yours

    By subscribing to StockSelect, you can be sure that whenever there's a profitable Large Cap stock opportunity arising somewhere, we will notify you of it right away.

    But we have to tell you that StockSelect is NOT for everyone. For instance, if you want to make 256% returns in a week, StockSelect is definitely not for you.

    An ideal StockSelect subscriber is one who is willing to put his money away in a company for a couple of years and wait for the rewards.

    Here's what two of our subscribers had to say about StockSelect:

    "The analyst seems to have a good understanding of the industry..."

    As regards the positives....the reports are very comprehensive, logical and the analyst seems to have a good understanding of the industry and the firms biz model which I have found lacking in most other reports and recommendations that I come across.

    Also it compares the company with their peers too in the market. These days whenever I think investment in stocks ...my 9 year old son Chirag has an opinion but he also insists that I look up the opinion of Equitymaster too !!!..

    So you see your team has a lot of credibility not just in this generation but also in the future generation.

    - Tarun Malkani, a StockSelect Subscriber  

    "I realized the value of fundamentals only after I started using Equitymaster"

    I am a subscriber to these services for the past five years. I realized the value of fundamentals for investment decisions only after I started using the services of equitymaster.com.

    Earlier, my decisions used to be based on "tips" or "advice from friends" etc.; Equitymaster taught me to base them on business fundamentals.

    One very good quality of your organization is that I never have even 5% of doubt about your unbiased approach and your integrity to the retail investors.

    Overall, I value the services offered by Equitymaster.com and I acknowledge their contribution to make my investment decisions more scientific.

    - Satish Pendse, a StockSelect Subscriber  

    I can go on forever, but I feel the only way you'll recognise the real value of StockSelect is by seeing it for yourself.

    So for a limited time from now, we are offering you a chance to try StockSelect at a rock-bottom price.

    If you utilise this offer, you can grab your subscription at a low price and 'test-drive' StockSelect for 7 days without any risk.

    During this one week, you'll get one current copy of StockSelect... plus access to archives of all the previous issues. After going through the current and a few of the past issues, you should have a good idea of whether StockSelect is for you.

    If you don't like what you see...or you feel that StockSelect is not for you...just let us know within 7 days and we will refund the entire price. No questions asked.

    But we're sure that once you sign up for StockSelect and see what's inside, you'll absolutely love it.

     And even if you decide to cancel your subscription, we will let you keep the Yearbook and the Special report as compliments from Equitymaster for trying StockSelect.

    To summarize, this is all you get by
    subscribing to StockSelect...


  • Special report titled "Stock that will repeat history and turn multi-bagger" which gives you one profitable stock idea to benefit from straight away.

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  • So why delay?

    Sign Up for StockSelect today!
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    Regards,

    Rahul Goel
    Chief Executive Officer
    Equitymaster.com
    December, 2008

    P.S.: Subscribe to Stockselect now and find out which sector will lead the next stock market rally...through the recording of the Equitymaster webinar with Ramesh Damani, which will be made available EXCLUSIVELY to Equitymaster Premium subscribers over the next few days.

    P.P.S.: Our special report "Stock that will repeat history and turn multi-bagger" gives you one stock idea to make money from right away. So get that report now, buy those shares while the markets are still down, and watch your investment multiply.

    P.P.P.S.: For assistance, please call - 092232-63403 or 092233-20146.
    Or write in to us at info@equitymaster.com

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    Property News Update from ludlowthompson.com: Landlords: how to protect rental income

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    W/C 23rd February 2009
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    Credit Crunch Tenant Sharers Rental List: 21.01.09 9th Feb 2009
    Top 20 buy-to-lets: gross rental yields to 11.3% - 29/01/09 28th Jan 2009
    What hidden assets rest in your attic? 28th Jan 2009
    Buy-to-let lending trend holds up 27th Jan 2009
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    RCA Education Connection - Register Today for Upcoming Webinars

    RCA Education Connection

    If you are looking for affordable commercial education then register today for one of three upcoming RCA webinars. On March 11, the RCA is launching its first free webinar. The free monthly RCA webinars will address a mix of topics that can be applied to commercial real estate, or any business. The March 11 webinar, "The Secrets of Commercial Real Estate Success in a Challenging Economy" will offer strategies of self mastery that will lead you to sales success regardless of economic conditions. Dr. Drew Stevens, internationally recognized sales and marketing authority, will share his proven strategies for establishing a foothold in your target market and mastering the art of business development. Learn more about the March 11 webinar.


    On March 19 and March 20, the RCA in partnership with Top Dogs, is offering two webinars at a deeply discounted rate of $49 per session. The March 19 webinar, "Retail Properties - 29 Questions You Must Ask", will cover everything you need to know in order to present yourself as an expert in retail properties. Dramatically reduce the time it takes to become an expert in retail properties when you attend the March 19 session. The March 20 webinar, "How to Build Your Personal Brand, Become a Recognized Expert, and Get $100,000 Worth of Free Advertising" will show you how to become the first person thought of within your specialty. Earn more with less effort when you attend the March 20 session. The RCA/Top Dogs webinars will give you the opportunity to learn from two of the best instructors in the country - Peter Droubay and Bob McComb, the co-creators of the Top Dogs commercial real estate training programs. Learn more about the March 19 and March 20 webinars.


    Webinar Registration:

    March 11 - "The Secrets of Commercial Real Estate Success in a Challenging Economy"

     

    March 19 - "Retail Properties - 29 Questions You Must Ask"

     

    March 20 - "How to Build Your Personal Brand, Become a Recognized Expert, and Get $100,000 Worth of Free Advertising"


    All sessions are first come, first-served and limited to 200 attendees. Visit the RCA Education web page to learn more about the education resources available to you from the RCA and commercial affiliates. For more information or questions, call the RCA at 800-874-6500.

                             

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    Daily Real Estate News

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    February 25, 2009

    Advertisement
    Win $10,000 for your community:
    Apply for REALTOR Magazine's Good Neighbor Awards, which recognize REALTORS for exceptional volunteer work. Five winners will receive $10,000 grants for their community project, national publicity, and more. Deadline: May 22.

    NAR: Existing-Home Sales Fell in January
    Sales volume fell 5.3 percent last month, though inventories reached a two-year low as buyers awaited stimulus package details.
    Read more >
    NAR Endorses Obama's Recovery Plan
    Broadened focus on housing stability and health care are in line with many of NAR's policy recommendations.
    Read more >
    Mortgage Applications Drop as Rates Rise
    Volume fell 15 percent last week as interest rates crept up, though applications were up nearly 10 percent over the same period a year ago.
    Read more >
    Huge Loans Remained As Foreclosures Spiked
    About 9 percent of home buyers in 2007 received mortgages that were at least four times greater than their annual income.
    Read more >
    Fla. Foreclosures Are Harming Neighbors
    Some homeowner associations can't afford maintenance or repairs because banks are refusing to cover unpaid fees on foreclosed condos.
    Read more >
    America's Best and Worst Housing Markets
    New York City, Washington, D.C. and Charlotte, N.C. are stabilizing, according to Forbes analysis.
    Read more >
    Quiz: What Home Buyers and Sellers Want
    Blog: How Staging Revived a Dated Listing
    Buyer's Guide: GPS and Navigation Systems
    Your Best Commercial Deals
    Have you or your client purchased a troubled REO apartment or commercial property within the last six to nine months? If so, share your story with REALTOR Magazine.
    Read more >
    Reinventing Your Commercial Listing
    Have your or your client bought or sold a building that you're repositioning or are you repositioning a current asset that is struggling?
    Read more >
    What Digital Camera Do You Use?
    In an upcoming buyer's guide, Realtor Magazine will be taking a look at digital cameras, an essential tool for today's real estate professional. Tell us which camera you use and why.
    Read more >
    2009 Good Neighbor Awards Call for Entries
    Are your an active volunteer in your community? Winners receive $10,000 to help their designated charity. The deadline for applications is May 22.
    Read more >
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    2BHK, 3BHK, duplexes and exclusive penthouses at Gachibowli, Hyderabad

    Dear Magicbricks user,

    As per your requirement MagicBricks has shortlisted the following property.
     2BHK, 3BHK, duplexes and exclusive penthouses @ Gachibowli, Hyderabad
    Project Type : 2BHK, 3BHK, duplexes and penthouses
    Location : Gachibowli, Hyderabad
    Company : Aliens Group
    Address :

    Plot no # 57
    Vittal Rao Nagar,Madhapur, Hyderabad -500081

    Phone : 040-40336666
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    Aliens Space Station-1 Aliens Space Station-1 Aliens Space Station-1
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    Close to the city’s IT hub, Financial sector, Hospitality services and the upcoming US consulate in Gachibowli, this project is a must buy for the crème of the society. Approved for constructing 30 floors, Space Station.1 consists of 2205 apartments spread in an area of 20 acres with nearly 80% of its area as landscaped green.
     
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    Pre-Fitted Split AC Units
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    Modern Gym
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    Library & Swimming Pool
    Shopping Plaza
    Multiplex Theatre
    5 Years Free Maintenance
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    Tuesday, February 24, 2009

    New on PropertyBytes

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    Intelligent Bengaluru is the goal

    Posted: 24 Feb 2009 02:11 AM PST

    An intelligent and sustainable Bangalore: This is what a pilot programme unveiled recently in the city plans to achieve. The effort will see global networking major Cisco assisting the Government of Karnataka in developing a road map for an intelligent and sustainable Bangalore. This project is part of Cisco’s global “Intelligent Urbanisation” initiative, designed to help [...]

    Real estate projects worth over $2.39tn under construction in GCC

    Posted: 23 Feb 2009 05:46 PM PST

    The total value of real estate projects under construction in the GCC is more than $2.39 trillion, reports FutureBrand a REIDIN.com Information Partner. In addition, investments from across the GCC into the Dubai real estate market have crossed AED 5 billion in 2008, thereby underlining the emirate’s strong pull among regional real estate players and [...]

    Ten more SEZs get nod

    Posted: 23 Feb 2009 03:28 PM PST

    The UPA government, in its last meeting on its flag­ship special economic zones policy, cleared 10 more proposals for such tax-free zones, taking the total number of SEZs in the country, after the enforcement of SEZ Act and Rules, to 714. The commerce ministry expects exports from SEZs to touch Rs 90,000 crore by this fiscal-end. [...]

    DLF cuts OMR project prices

    Posted: 23 Feb 2009 02:58 PM PST

    DLF Homes has slashed prices at its residential project Gardencity DLF OMR for existing customers and new buyers. According to an official press release from the company, it has revised the basic selling price to Rs 2,750 a sq.ft for new customers for the project that was launched last April at Rs 2,800 to Rs 3,200 [...]

    Blackstone offers Rs 240 cr for Prestige’s Bangalore asset

    Posted: 23 Feb 2009 10:11 AM PST

    Bangalore/New Delhi: Blackstone has offered around Rs 230-240 crore to buy out southern realty major Prestige Group’s serviced apartment business managed by the international luxury hospitality brand Oakwood. The private equity giant’s proposal, which is still in the early stages, falls below Prestige’s asking valuation of Rs 300 crore, at least two people close to the [...]

    Real Estate Insights -- February 2009

    REI logo
    Feature image Definitely Maybe
    In a world full of bad economic news, how about some good news for a change? Yes, housing activity is still not at levels even a year ago, but the latest pending sales index posted an increase. And home sales in December also rose. The other positive sign is that the economic stimulus package contains provisions that will help spur home buying. In his commentary this month, NAR Chief Economist Lawrence Yun tells us that while things won’t change overnight, we may be headed in the right direction.

    Read more >


    Impact of “Distressed” Home Sales
    Most metropolitan area median home prices, impacted by distressed sales, trended down in the fourth quarter from a year earlier. Distressed sales – foreclosures and short sales – accounted for 45 percent of transactions in the fourth quarter, dragging down the national median existing single-family price. But NAR’s latest quarterly statistics on existing-home sales by state and metropolitan area home prices showed some good news as well: existing-home sales in the West and the South both posted increases in the fourth quarter of 2008.
    Read more >


    Multifamily Real Estate Trends
    As banks and other lenders await the shake-out from an economic stimulus package, credit is tight, and many potential first-time homebuyers are still on the sidelines, continuing to rent apartments. As a result, the multifamily market is maintaining resiliency. George Ratiu, Research Economist, gives us an overview of the multifamily sector.
    Read more >




    Get Insights Without Looking
    Have Real Estate INSIGHTS delivered to your e-mail box as soon as new content is posted each month. It's free to members as well as non-members! Subscribe in the "My Account" section of Realtor.org.
    Subscribe now>


    Real Estate Insights

    Lawrence Yun, NAR Chief Economist
    Paul Bishop, Managing Director, NAR Research
    Jed Smith, Managing Director, Quantitative Research

    Harika "Anna" Barlett, Senior Research Analyst
    Wannasiri Chompoopet, Manager of Housing Statistics
    Keunwon Chung, Data Research Analyst
    Stephanie Davis, Office Manager
    Thomas J. Doyle, Research Marketing Manager
    Meredith Dunn, Communications Representative
    Ken Fears,Manager, Regional Economics
    Danielle Hale, Research Economist
    Michael Hyman, Research Assistant
    Selma Lewis, Research Economist
    George Ratiu, Research Economist
    Gregg Stratton, Research Economist
    Caroline Van Hollen, Senior Research Coordinator

    Copyright © 2009 NATIONAL ASSOCIATION OF REALTORS®. Reproduction or reprinting in any form is prohibited without written permission. Editorial questions and requests to reprint articles should be directed to Thomas Doyle at 202.383.7535, or via e-mail at insights@realtors.org.

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    Can't Wait for the Next Issue of Real Estate INSIGHTS?
    NAR Research has several new web features to keep you up to date on the latest economic and real estate trends. One of the most popular is REALTOR-TV: Watch NAR Chief Economist Lawrence Yun in his regularly scheduled press conferences and interviews. This "channel" also features video from NAR conferences and discussions with NAR leadership.
    Watch now >

    Daily Real Estate News

    If you have trouble reading this e-mail click here.

    February 24, 2009

    Advertisement
    Win $10,000 for your community:
    Apply for REALTOR Magazine's Good Neighbor Awards, which recognize REALTORS for exceptional volunteer work. Five winners will receive $10,000 grants for their community project, national publicity, and more. Deadline: May 22.

    Law Offers Tax Relief for Small Businesses
    Economic stimulus law contains several tax provisions that should help real estate business owners.
    Read more >
    Appraiser Group Objects to Loan Modification Plan
    The American Society of Appraisers is considering a lawsuit to block Obama's refinancing initiative because of concerns that it sidesteps the home appraisal process.
    Read more >
    Some Investors Are Gobbling Up Homes
    California group expects to buy at least 100 properties this year thanks to low-level pricing.
    Read more >
    Second-Home Buyers Are Looking at Foreclosures
    Vacation spots, such as Las Vegas and Florida, are drawing buyers seeking bargains.
    Read more >
    Fixing Commercial Real Estate Is Key for Recovery
    Federal Reserve Bank of Atlanta official says that $400 billion of commercial real estate financing is hanging over the market,
    Read more >
    Cash Incentives Can Win Buyers
    Providing closing cost assistance may be a valuable goodwill gesture and help clinch a sale.
    Read more >
    Quiz: What Home Buyers and Sellers Want
    Blog: How Staging Revived a Dated Listing
    Buyer's Guide: GPS and Navigation Systems
    Brokers: How Do You Track Your Results?
    Tell us about your online and offline methods of measuring success at your brokerage for an upcoming REALTOR Magazine feature.
    Read more >
    Your Best Commercial Deals
    Have you or your client purchased a troubled REO apartment or commercial property within the last six to nine months? If so, share your story with REALTOR Magazine.
    Read more >
    What Digital Camera Do You Use?
    In an upcoming buyer's guide, Realtor Magazine will be taking a look at digital cameras, an essential tool for today's real estate professional. Tell us which camera you use and why.
    Read more >
    2009 Good Neighbor Awards Call for Entries
    Are your an active volunteer in your community? Winners receive $10,000 to help their designated charity. The deadline for applications is May 22.
    Read more >
    Unsubscribe from this e-mail newsletter.
    Manage E-mail Preferences: To change your e-mail address, or manage your subscriptions, please log in to your REALTOR.org account. Your REALTOR.org username is TelanganaDeccan.
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    Monday, February 23, 2009

    New on PropertyBytes

    New on PropertyBytes

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    Aditya Birla expands into Real Estate

    Posted: 22 Feb 2009 01:18 PM CST

    Aditya Birla Management, the Mumbai based conglomerate best known for its metals and materials businesses, is to set up a real estate and private equity arm for its wealth management units. According to a report by the Asian Investor, chief executive of Aditya Birla Management's financial unit in Mumbai, Ajay Srinivasan said the poor performance of [...]

    Daily Real Estate News

    If you have trouble reading this e-mail click here.

    February 23, 2009

    Advertisement
    Win $10,000 for your community:
    Apply for REALTOR Magazine's Good Neighbor Awards, which recognize REALTORS for exceptional volunteer work. Five winners will receive $10,000 grants for their community project, national publicity, and more. Deadline: May 22.

    10 Most Affordable Cities to Buy a Home
    A family earning the national median income of $61,500 a year would be able to buy more than 60 percent of all homes sold in the last three months of 2008. Find out the cities with the most affordable homes.
    Read more >
    Who Will be Eligible for Foreclosure Help?
    With the federal government hoping to finalize details for its $75 billion foreclosure prevention program by March 4, officials are fine-tuning eligibility requirements.
    Read more >
    Jumbo Loans: Still Available, Tougher to Get
    Jumbo mortgages aren't as easy to get as they were two years ago, but lenders say they are out there and available to those with the right income, credit scores and enough cash for a big down payment.
    Read more >
    4 Ways to Grow Business in Challenging Market
    Real estate brokerages are getting more creative and entrepreneurial in their drive to keep their businesses succeeding.
    Read more >
    Home Builder Sentiment Rises Slightly
    Home builder confidence rose slightly in February from its record low in January.
    Read more >
    More Vacation Properties Turn to Rentals
    The supply of rental properties for vacation homes rose 12 percent in the last year, according to HomeAway.com
    Read more >
    8 Safety Tips When Showing Vacant Properties
    Real estate practitioners should exercise caution when showing buyers a vacant or unfamiliar property. Follow these safety guidelines.
    Read more >
    Quiz: What Home Buyers and Sellers Want
    Blog: How Staging Revived a Dated Listing
    Buyer's Guide: GPS and Navigation Systems
    Brokers: How Do You Track Your Results?
    Tell us about your online and offline methods of measuring success at your brokerage for an upcoming REALTOR Magazine feature.
    Read more >
    Your Best Commercial Deals
    Have you or your client purchased a troubled REO apartment or commercial property within the last six to nine months? If so, share your story with REALTOR Magazine.
    Read more >
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    Washington Report - February 23, 2009


    If you’re having trouble reading this e-mail, click here.
    Previous Issues

    In This Issue:

    REALTOR® Insider: D.C. News and Events
    President Obama Announces Homeowner Affordability and Stability Plan

    Business Report
    Stimulus Package Includes $7.2 Billion in Broadband Spending

    Environment Report
    Home Energy Investments in Stimulus


    REALTOR® Insider: D.C. News and Events

    President Obama Announces Homeowner Affordability and Stability Plan
    On February 18, 2009, President Obama announced his Homeowner Affordability and Stability Plan designed to help 7 to 9 million families avoid foreclosure by refinancing or modifying their mortgages. The plan also strengthens the federal commitment to Fannie Mae and Freddie Mac (the government sponsored enterprises, or GSEs).

    Here are the key elements of the Obama plan:

    1. Refinancing by the GSEs of loans that they own or guarantee. The GSEs will work with their loan servicers to develop a streamlined refinancing program for borrowers with loan-to-value ratios (LTVs) above 80 percent but not more than 105 percent who now face difficulty refinancing.

    2. A $75 billion Homeowner Stability Initiative--with lender, servicer, investor, and borrower incentives to make it work. The program is limited to loans at or below the GSE conforming loan limits.

    3. More support for the GSEs, including doubling of potential Treasury investment from $100 billion to $200 billion for each GSE, to maintain their positive net worth. The plan also raises the cap on mortgages that the GSEs may hold in their portfolios by $50 billion to $900 billion.

    NAR's Detailed Summary >
    NAR's Webpage on the Obama Plan >

    Contacts: Jeff Lischer, 202-383-1117

    Contacts: Tony Hutchinson, 202-383-1120


    Business Report

    Stimulus Package Includes $7.2 Billion in Broadband Spending
    On February 13, Congress passed an economic stimulus package with $7.2 billion devoted to funding for broadband deployment. The bill creates a new Broadband Technology Opportunities Program administered by the National Telecommunications and Information Administration (NTIA). The program will be given $4.7 billion to fund the deployment of broadband infrastructure in unserved and underserved areas of the country. An additiona l $2.5 billion in broadband loans and grants will be administered by the Department of Agriculture's Rural Utilities Service (RUS). Any entity is eligible to apply for a grant including municipalities, public/private partnerships and private companies as long as they comply with the grant conditions. The grants are subject to "openness" requirements to ensure that broadband networks be free of restrictions on content, sites, or platforms, on the kinds of equipment that may be attached, and on the modes of communication allowed.

    The bill also charges the FCC is with developing a national broadband plan that shall seek to ensure that all people of the United States have access to broadband capability and shall establish benchmarks for meeting that goal.

    These provisions are important victories for REALTORS because increased broadband access promotes economic growth and expands opportunities for home sales. A 2006 Commerce Department report determined that property values are 6% higher in communities where broadband is available.

    Contacts: Melanie Wyne, 202-383-1234

    Contacts: Scott Rinn, 202-383-7508

    Contacts: Ken Wingert, 202-383-1196


    Environment Report

    Home Energy Investments in Stimulus
    Among many provisions, H.R. 1, the "American Recovery and Reinvestment Act of 2009," invests significantly in making housing and buildings more energy efficient. It provides:
    • $6 billion in state energy efficiency and conservation grants for energy audits and financial incentives,
    • $5 billion for a modern electricity grid and home smart meters that save money on power bills, and
    • $5 billion for weatherization assistance and $2 billion for federally assisted housing (section 8).
    Through 2010, homeowners will be able to claim a 30% tax credit (up from 10%) for purchases of new furnaces, windows and insulation. The energy efficiency grants, new funding for Brownsfields redevelopment, and Energy Department Loan guarantees to develop on-site alternative energy sources will especially benefit commercial real estate.  

    Contacts: Austin Perez, 202-383-1046

    Contacts: Megan Booth, 202-383-1222

    Contacts: Linda Goold, 202-383-1083



    Monday, February 23, 2009

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    Sunday, February 22, 2009

    America Property Alerts, 22 February 2009

    America Property Alerts

    22 February 2009

    Dear APA Friend,

    Fort Lauderdale has gained great popularity in the last two years for tourists, winter residents and Americans migrating to warmer climates. It is a popular tourist destination, with 10.35 million visitors a year, a major yachting centre, with 42,000 resident yachts and 100 marinas and boatyards. Fort Lauderdale and its suburbs host over 4100 restaurants and 120 nightclubs.

    The City's award-winning wavewall and signature beachfront promenade highlight Fort Lauderdale's world famous coastline, which is punctuated by an array of shops, restaurants, sidewalk cafes and entertainment venues.

    Beachgoers can participate in a wide range of activities from boating, wind surfing, jet skiing and volleyball to snorkelling, scuba diving, deep-sea fishing and rollerblading. Or, if relaxation is what you desire, simply sit back, unwind and enjoy breathtaking views of the Atlantic Ocean.

    Fort Lauderdale has an excellent infrastructure, ease of access from its international airport, cruise ships and excellent highways.

    Economically the area has grown with a rise in population of over 30 per cent in the last few years, the average age of residents is 30-44 years and 38 per cent of all of the property in Fort Lauderdale is rented.

    Fort Lauderdale is still busy, industrious and full of tourists. One wonders where the recession is - it just doesn't show.

    Continuing to grow faster than any other major airport, Fort Lauderdale-Hollywood International (FLL; 954-359-1200; www.broward.org/airport) is served by more than 35 airlines, some with non-stop flights from Europe. The gateway to the Caribbean and The Bahamas is only a short flight away.

    The development we have for you is situated in the heart of Fort Lauderdale, just 4 miles from the beach, 2.5 miles from the
    international airport and within 3 miles of 5 nearby golf courses. Shopping is within walking distance and there are 3 major colleges and universities nearby.

    Consequently, the apartments always have a good rental pool of people coming in for six to 12 month rentals.

    The development is split into two parts; Part A has the facilities of the resort style swimming pool, sauna, gym and business centre and Part B is just residential blocks surrounded by lush gardens.

    Built in the early 1990's the developer last year bought and refurbished every unit and all the facilities to a very high standard, offering upgrades of new appliances, kitchen replacements where necessary, new carpets and redecorated throughout.

    Last year the one bed units were being sold for $190,000 even though they were only appraised for $164,770 and the 2 beds were priced at $259,000 with the appraisal figure of $223,620. The demand was so high!

    This year, due to the global economic downturn, the developer is faced with foreclosure from his loan company on the remaining
    63 units, luckily enough for him the loan company does not wish to foreclose unless really necessary and is allowing him to sell them off at ridiculously low prices - $71,000 for the 1 bed units regardless of location or position and 2 beds for $91,000.

    To avoid wasting anyone's time please note there is no room for negotiation or offers - this is the lowest sale price and is the amount the loan company requires back to satisfy their debt.

    Most of the apartments are sold with a rental agreement in place, gaining $950 a month for the 1 bed and $1250 for the two beds. After a year these units can be resold with a capital gain or once purchased can be refinanced up to 75 per cent of the recorded value; $70,327 in equity can be taken out. Annual costs are property taxes of $4544 for the two beds and $3,384.39 for the 1 bed units. Annual Maintenance Fee 1 bed $2870 and 2 beds $3896.

    Breakdown

    1 x 1 bed $71,000

    Annual income is $11,400

    Annual outgoings is $6254 =$5146 profit

    1 x 2 bed $91,000

    Annual income is $15,000

    Annual outgoings is $8440 =$6560 profit

    The Facilities:

    2 Tennis Courts

    Minutes from Downtown

    Close to Public Transportation

    Fitness Centre

    Pet Friendly

    Pool

    Standard Cable

    Unit Amenities:

    Spacious Floor plans

    Ceiling Fan

    Dishwasher

    Disposal

    Full Kitchen

    Microwave

    Patio/Balcony

    Washer/Dryer in unit

    The units come unfurnished as tenants bring their own. If a unit is required for personal use then a furniture package can be included

    A word from our contacts there…

    "Being on this side of the ocean, the reality is probably far different from what UK investors are hearing. The media hype and shock reporting suggests the USA is on its knees."

    "Yes it's bad but not as bad on the ground as it is portrayed in the newspapers. Florida and California were the first states to be hit on the foreclosure and job loss front and they will be the first to recover."

    "Walking through the streets of Fort Lauderdale today, not much has changed - tourists have flocked here instead of going on their annual holidays to The Bahamas or The Caribbean to escape the vicious weather of the Northern States, it's cheaper and the climate is just as good."

    "The newly elected president is putting the housing rescue plan into action and it is predicted to start having effects by April 2009 so the window of opportunity is almost over - the downward trend will bottom out shortly and recovery will start."

    "The value of these units can only go up and whilst it may take a couple of years to get to the level they were selling for last year it will be worth the wait."

    Interested? Email me back for more details.

    Best Wishes

    Iain

    Iain Maitland
    Editor, America Property Alerts


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    Saturday, February 21, 2009

    New on PropertyBytes

    New on PropertyBytes

    Link to

    Lahari Holiday Homes Ltd unveils an exclusive concept in vacation homes with ‘Lahari Suite Homes’

    Posted: 20 Feb 2009 06:25 PM CST

    Lahari Holiday Homes Ltd, part of Lahari Group today unveiled a unique investment cum vacation home opportunity – Lahari Suite Homes in Hyderabad. Lahari Suite Homes will be located adjacent to Lahari Resorts, the renowned relaxation and entertainment destination of the twin cities at Bhanoor Village, Patancheru. Modeled on the lines of “owning” a service apartment, [...]

    UAE: Lakeside living in demand

    Posted: 20 Feb 2009 03:40 PM CST

    Built in the heart of the Emirates Living district, The Lakes has proved a lucrative investment for residents who purchased homes in the early years. Prices peaked in September last year, to reach Dh1,900 per sq ft - up Dh700 on the start of 2008 - but have since reversed to an average of Dh1,300, [...]

    Yet Another stimulus package

    Posted: 20 Feb 2009 02:30 PM CST

    Yet another bail-out package for the housing industry is on the anvil, apart from a Model Real Estate Regulation Bill under which land will be provided at zero pricing for the economically weaker section (EWS) and Lower Income Group (LIG), disclosed Kumari Selja, Minister of State for Housing and Urban Poverty Alleviation. At a recently organised [...]

    House that! Mumbai to get 24,000 more homes by 2011

    Posted: 20 Feb 2009 01:22 PM CST

    Here’s good news for lakhs of house-hunters, the Maharashtra Housing and Area Development Authority (MHADA) has decided to construct and allot 24,000 houses in the city by March 2011. The plan was unveiled during the presentation of the Rs 2974-crore budget of MHADAs Mumbai Board. Mumbai Board chairperson Amarjeetsingh Manhas said that MHADA in October this [...]

    A small cap that could turn multi-bagger...revealed!

    Dear Equitymaster Reader:

    On the 15th of February, 2009 Equitymaster released its latest issue of the Hidden Treasure, our small cap recommendation service. It's a report that you don't want to miss out on.

    The opportunity that we've revealed is in the construction related and real estate sector.

    First, the share price of this company is currently under 50% of its intrinsic value... meaning you pay Rs 50 for something that is worth Rs 100. Warren Buffett would call that a healthy 'margin of safety'.

    But that's not all the stock has to offer... we expect the company to emerge stronger once the economy turns around and this should reflect in its earnings, and therefore its stock price over time.

    The bottom line is that the stock could be a multi-bagger and you do not want to miss out on it at the current dirt cheap valuations.

    And Small cap stocks have a tendency to move fast, so you should get in early on this opportunity.

    This report is available only to Hidden Treasure subscribers. To know why you should become one too, please read on below.

    Warm Regards,

    Rahul Goel
    CEO
    Equitymaster.com

    "One Small Cap Stock Soared 32,798%
    Turning Rs 15,000 Into Rs 4.9 Million!"

    Do you yearn to know about
    Small Cap opportunities like that?

    "Your Hidden Treasure is a beacon of light in these troubled times. I am happy I took the right choice."
    -- P. S. Sathyamurthy
     

    Dear Profit-seeking investor,

    You may remember the days, not so long ago, when putting as much money as you can into small cap stocks was a fad among investors.

    It worked like crazy for a while... with many people dumping every penny they had into small caps and making huge returns quickly as a result of it.

    But soon the markets started falling and the small cap game became a lot, lot harder.

    Under-prepared and under-informed investors could no longer take small caps casually like they used to. And many of them found this out the hard way when they lost money awfully fast in small cap stocks.

    Simply put, for most investors the game was up.

    Soon cries echoed from all across the investment community about how "Small Caps are Dead", "Small Caps are Worthless" and "Small Caps are Finished"...

    And they probably had a point. The game had gotten a lot harder.

    But...

    While most people were busy complaining and griping about this, some investors had knowingly or unknowingly discovered the secret to making 1,000% or more returns from small caps... and they were silently working their way towards it.

    These investors were totally unfazed by the market changes because they knew they'd earn their profits regardless of whether the market went up, down or remained flat.

    Would You Like To Know
    That Secret Too?

    Sure, I'll tell you in just a moment. But first, there are a few FACTS that you need to know.

    As you may know already, small caps have performed poorly in the last few months. And it has unfortunately led many investors to the conclusion that the 15 minutes of fame for small companies are over.

    This is far from the truth!

    The continued fall in the prices of small caps was triggered by a panic sell-off that started in the broader market due to the impact of financial crisis in the US.

    So, ALL small cap stocks across ALL sectors had crashed without discrimination.

    Second... while small caps fall fast in general, they also rise equally fast.

    Here are some randomly selected Small Caps stocks that prove this point (one stock we recommended is also in there)...

    Small caps' fall is fast... and so is the rise
     Returns (%) Aug. to Oct. 2008 Nov. 2008 to Jan. 2009
     Hindusthan National Glass  - 57.2 105.0
     Jindal Poly Films Ltd. - 50.2 91.9
     Karuturi Global Ltd. - 73.7 83.6
     Madras Aluminium Co. Ltd. - 67.4 64.4
     Indo Tech Transformers Ltd. - 38.5 61.4
    Source: CMIE Prowess

    Clearly, small companies are fast growers and it shows in their stock prices. And the best part is... small caps have the potential to be 10-baggers also!

    Some of the unique advantages of owning small cap stocks are:

    1. Small companies adapt fast to changing environment - they are nimble and can therefore move fast

    2. Given low liquidity, while retail investors can buy small caps, many fund managers cannot - so retail investors like you have a first mover advantage with a good small company

    3. Small caps are high in demand but less in supply - that means prices rise really fast when demand increases

    However, there is one drawback when it comes to small caps..

    While The Potential to Make Returns Is Huge,
    So Is The Risk Involved...

    The problem is that many people don't understand this. Or they understand it but don't take it seriously.

    Smaller companies typically have fewer competitive advantages and financial resources to weather a market downturn. So, naturally, when there is a sell-off in the markets, small caps bear the brunt of it as they are more "risky" to hold.

    And because of the size of small caps, it doesn't take much money to drive their stock prices down faster.

    So What Should YOU Do Now?

    Since the markets have crashed, should you start shifting all your money from small caps to government bonds, provident funds, post office deposits, fixed deposits, and large-cap stocks?

    You might have been told by others that it's the best thing to do right now.

    But my answer to that would be - No, definitely not!

    You see, while most stock brokers and investment firms push small caps as a way to make big returns in a short time, we believe they're as an extremely good "long term" investment.

    Small caps have been proven to post better returns over the long run than large caps - returns often in excess of 1,000% over a 10-year period.

    You don't have to take my word for it. Here are some real examples...

    Small cap wonders

     Market cap. (US$ m) Then Now Returns Sector
     Pantaloon Retail (India) Ltd. 1.6 526.1 32,798%  Retailing
     Matrix Laboratories Ltd. 2.3 272.4 11,681%  Healthcare
     Mercator Lines Ltd. 1.3 133.7 10,141%  Shipping
     Havells India Ltd. 2.8 136.8 4,848%  Consumer / Electricals
     Sintex Industries Ltd. 18.4 382.4 1,977%  Plastic / Textiles
     Blue Dart Express Ltd. 9.8 202.2 1,961%  Logistics
     Hindustan Construction Co. Ltd. 12.2 232.6 1,809%  Construction
     Blue Star Ltd. 24.3 273.7 1,025%  Engineering Services
     Titan Industries Ltd. 86.4 838.4 870%  Retailing / Durables
     Pidilite Industries Ltd. 65.8 501.1 661%  Diversified
    Source: CMIE Prowess and Trend; Then - 31st December 1998; Now - 30th January 2009

    Let's say you had invested just Rs 15,000 in Hindustan Construction back in 1998. You'd have easily made almost Rs 286,422 by now.

     If you had invested Rs 15,000 in Pantaloon then, you'd have made around a whopping Rs 4,934,694 now! 

    So, adding a few small-cap stocks in your investment portfolio is one of the surest ways to multiply your wealth...

    And That's What We Intend To
    Help You Do Correctly...

    Hidden Treasure was launched in Feb. 2008 with a view to provide profitable Small Cap recommendations.

    But "profitable" doesn't necessarily mean 327% returns in one week.

    But we have always said and still say that you should look at small caps from the long term perspective.

    The stocks we recommended through Hidden Treasure are strong companies and we recommended them not because we believe they will flourish in a year or two, but over a period of 4 to 5 years.

    No doubt, the market pressure is going to keep the small caps down for some more time.

    Still, if you buy the stocks that we recommend right away... for dirt-cheap, you can expect them to deliver good returns over the recommended timeframes.

    So this is an opportunity to...

    Grab Reliable Small Companies
    For Ridiculously Low Prices

    Did you ever find yourself thinking, "I wish I had invested in Blue Star while it was still young"? Or in Titan for that matter.

    These companies have grown rapidly in the last decade to become household names today.

    But there was no way you could have known... until now...

    Through Hidden Treasure we're providing you opportunities like that today.

    The stocks we reveal through Hidden Treasure are companies that are either under-researched or not covered by other stock brokers and research firms.

    There's no other authentic source of long-term recommendations on such companies. And whatever else is available is biased.

    I know that small caps don't comprise a big portion of your portfolio. Probably 10% at the most.

    But that doesn't mean you don't need to bother about them at all.

    This small part of your portfolio does the KEY job of maximizing your returns...

    That's Why You Need To Be EVEN MORE Careful
    While Picking Your Small Cap Stocks

    Considering the irrational stock market we're currently in, I'm sure you'd be elated if 2 out of 5 small cap stocks that you owned did well.

    We have done even better!

    The results of 7 of the 12 small cap companies we recommended are in line with our estimates so far. This has been achieved in an environment which has not been good for business.

    The other companies recommended by us have also done well, though not in line with our projections.

    We continue to believe that over the recommended investment horizon they will deliver the performance we were expecting to begin with.

    But if even that doesn't convince you, here's something that will...

    You probably know of our Large Cap recommendation service Stockselect.

    Stockselect has a great track record since 2002. Even the recently recommended stocks have done very well.

    That's why we have MANY Stockselect subscribers who have been with us since the day we launched it. Here's what one of them has to say...

    "I realized the value of fundamentals only after I started using Equitymaster"

    I am a subscriber to these services for the past five years. I realized the value of fundamentals for investment decisions only after I started using the services of equitymaster.com.

    Earlier, my decisions used to be based on "tips" or "advice from friends" etc.; Equitymaster taught me to base them on business fundamentals.

    One very good quality of your organization is that I never have even 5% of doubt about your unbiased approach and your integrity to the retail investors.

    Overall, I value the services offered by Equitymaster and I acknowledge their contribution to make my investment decisions more scientific.

    - Satish Pendse, a StockSelect Subscriber  

    Now the thing is...

     We follow similar practices to decide on valuable small cap stocks also. 

    Hidden Treasure is only one year old now. So I'm sure that by the time it has completed 4-5 years, we will have similar testimonials for it also.

    And There's One Other Thing
    You Probably Didn't Know...

    Why do you think we send out only one small cap recommendation per month through Hidden Treasure?

    Stockselect subscribers get one large cap recommendation EVERY WEEK. Then why only one Hidden Treasure per month?

    It's because good small companies are extremely difficult to find and Equitymaster analysts have to go through many more hoops to find the few gems that exist... just for you.

    And get this - it's OUR reputation at stake here.

    To make sure our recommendations are accurate, we also have to meet with the managements of different companies and organise trips to various cities every month.

    All this takes time, therefore just one report a month.

    So what I'm saying is... we will continue to find hidden treasures that have capabilities to make attractive returns for you in the future.

    But considering the risks that small companies carry, you should realistically not expect each and every recommendation to be an out and out winner.

    Agreed?

    So How Much Is Finding Reliable Small Caps
    Worth to You?

    The subscription to Hidden Treasure costs Rs 5,000 for 1 year.

     Rs 5,000 per year equates to about Rs 420 per month or Rs 14 per day.

    Seriously, this is way less than what you spend on all the phone calls to your broker, the money you pay to watch the noise on your television, and all the newspapers and magazines you buy hoping to find good investment opportunities.

    And none of these can provide you unbiased and reliable small cap recommendations like Hidden Treasure.

    By subscribing to Hidden Treasure you get...

    a. One Small Cap recommendation per month - reports are easy to understand, delivered to email as PDFs, accessible online 24 hours a day
    b. Quarterly results review of all recommendations
    c. Performance review every quarter
    d. Frequent updates on recommend companies

    But there's more...

    Equitymaster Stock Market Yearbook 2009
    (CD Version)


    The Yearbook is a compilation of the company information of 200 carefully selected companies.

    For each of the 200 selected companies, the Equitymaster Stock Market Yearbook provides a full page of financial and other important data, conveniently tabulated under relevant headings with a host of important ratios.

    Fundamentals such as profitability, share valuations and trends in growth are revealed at a glance.

    Simply stated, this book offers accurate, unbiased and detailed data on leading companies, sectors and economy... all in one place.

    The Yearbook usually costs Rs 750. But you get it absolutely FREE by subscribing to Hidden Treasure now.

    (By the way, we will dispatch you a copy of the Yearbook within 24 hours of receiving your payment. And if you reside outside of India, we will email you a PDF version of the Yearbook since we are unable to deliver outside of India by post.)

    So what are you waiting for?

    Subscribe to Hidden Treasure Now
    And Be Notified of Attractive Small Cap
    Opportunities Month After Month...

    With a subscription to Hidden Treasure, you can rest assured that whenever we come across little known, high potential small companies, we will notify you of them right away.
    But I have to warn you... small caps are not for everyone.

    For instance, if you're nearing retirement or have already retired, I don't recommend putting all of your retirement money into small caps.

    Small caps are for those who have an appetite for risk.

    While you can make a lot of money in small caps quickly, you can also lose a lot of it quickly. That's why you have to choose wisely and constantly monitor your small cap investments.

    Last but not the least...

    We also conduct Equitymaster webinars from time to time with renowned Stock Market experts. By subscribing to Hidden Treasure now, you can get FREE access to future webinars (whereas other 'non-members' had to pay Rs 1,990 to attend the last webinar).

    To summarize, this is all you get by subscribing
    to Hidden Treasure...

    One small cap recommendation every month

    Quarterly Results Review of all stocks recommended

    Performance review of all recommendations every quarter

    Access to our archives of all recommendations made under Hidden Treasure, since February 2008.

    Free access to select Equitymaster Webinars

    The Equitymaster Yearbook 2009

    24x7 access to Hidden Treasure on Equitymaster.com so that there never is any delay in accessing our latest recommendations


    So there you have it...

    You can sign up to Hidden Treasure through one of the links below.

    You can pay Rs 5,000 for a year's subscription to Hidden Treasure.

    Or even better, you can sign up for two years straightaway and pay Rs 8,000 only (that's Rs 2,000 off!).

    The choice is yours...

    Sign Up for Hidden Treasure Today!
    1-Yr Subscription: Rs 5,000
    Click here!
    2-Yr Subscription: Rs 10,000
    You Pay: Rs 8,000 (Save Rs 2,000!)
    Click here! [Best Offer!]
    Prices Inclusive of Service Tax
     

    Regards,

    Rahul Goel
    Chief Executive Officer
    Equitymaster.com
    February, 2009

    P.S.: The volume of small cap shares available is low, so getting in early makes a huge difference. By subscribing to Hidden Treasure now, you get that advantage.

    P.P.S.: Here's what another Equitymaster subscriber has to say...

    "I tell you that my confidence in investing in shares has
    really increased 10 times after subscribing to Equitymaster.
    Starting with Hidden Treasure now I have subscribed to
    MidCapSelect, StockSelect and ResearchPro."

    -- Dr. Muralidhara

    P.P.P.S.: For assistance, please call - 1800-209-3786 (Toll Free) or 092232-63403 / 092233-20146. Write in to us at info@equitymaster.com.

    Please read the Terms of Use
    Equitymaster Agora Research Pvt Ltd
    15, Khetan Bhavan, 3rd Floor, 198 J Tata Road, Churchgate, Mumbai - 20.
    Tel : 022-61434055. To Unsubscribe, click here

    Friday, February 20, 2009

    New on PropertyBytes

    New on PropertyBytes

    Link to

    Retail Logistics Basics

    Posted: 19 Feb 2009 07:10 PM CST

    In the highly competitive retail marketplace, typified by changing consumer preferences, different formats as well as large geographical stores spread, the onus on retail logistics to ensure efficiency and cost margins is quite substantial. Hence, it would not be inappropriate to state that oftentimes the viability of a retail operation hinges as much on achieving [...]

    Property Prices to Fall by Another 15pc: Nomura

    Posted: 19 Feb 2009 05:45 PM CST

    Property prices in the UAE are likely to drop by another 15 per cent as government plans to raise domestic spending and roll out stimulus schemes may not be enough to resuscitate the battered sector, Nomura Securities said. The expected decline would add to the 25 per cent plunge in property prices in the fourth quarter [...]

    Tenants of old buildings to be insured

    Posted: 19 Feb 2009 03:23 PM CST

    If every thing goes well according to the plan, the people staying in more than 16,000 dilapidated buildings in Mumbai may soon get insurance cover. A proposal in this regard has been sent to the government by the Building Repair and Reconstruction Board of MHADA. This was stated by chairman of the board Sachin Ahir on [...]

    Lahari group charts Rs 400 crore for SEZ

    Posted: 19 Feb 2009 02:33 PM CST

    Lahari Infrastruaure has invested close to Rs 400 crore on land in a special economic zone in the state. It has partnered with realty developer Hiranandani for the project which has just got off the ground. The SEZ project will be developed over 15 million square meters of land. Around two million square feet’ will be [...]

    PBAP’s assistance package

    Posted: 19 Feb 2009 01:15 PM CST

    The Promoters and Builders Association of Pune (PBAP) announced an assistance package to homebuyers facing financial problems due to job loss in the economic slowdown. “The PBAP member-developer will pay up to three installments to the bank in case the homebuyer loses his job,” PBAB president Lalitkumar Jain said. In a press note, the PBAP also [...]

    Daily Real Estate News

    If you have trouble reading this e-mail click here.

    February 20, 2009

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    Read more >
    Boston Offers Mortgage Relief for Jobless
    The Boston Fed has proposed giving money to the unemployed to pay for a quarter to half of their mortgages for up to two years or until the recipients find a new job.
    Read more >
    Housing Starts Hit Record Low
    Construction on new U.S. housing fell 16.8 percent in January to a seasonally adjusted annual rate of 466,000.
    Read more >
    Curb Appeal is Key in This Market
    A Michigan State University study estimated that good landscaping adds 6 percent to 11 percent to the eventual sales price of a home.
    Read more >
    7 Common Credit Report Mistakes
    Buyer's Guide: Smartphones
    Can the Color on Your Walls Cost You a Sale?
    Show Off Your Best Room Makeover Photos
    Have you turned a less-than-perfect room in one of your listings into a showpiece? We're looking for submissions of your best room makeovers to feature in an upcoming slide show.
    Read more >
    2009 Good Neighbor Awards Call for Entries
    Are your an active volunteer in your community? Winners receive $10,000 to help their designated charity. The deadline for applications is May 22.
    Read more >
    NAR Launches National Radio Show
    Real Estate Today, a radio show produced by NAR, premiered on Feb. 14. The show also airs online at www.RETRadio.com. Visit the site to listen to current or past programs.
    Read more >
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    Thursday, February 19, 2009

    New on PropertyBytes

    New on PropertyBytes

    Link to

    Obama unveils plan for housing market

    Posted: 18 Feb 2009 02:00 PM CST

    President Barack Obama on Wednesday unveiled the next step in his multi-pronged efforts to lift the United States out of recession, pledging up to $275 billion to help stem a wave of home foreclosures that sparked the US financial meltdown. Obama, who signed a landmark $787 billion economic stimulus bill mixing government spending and tax cuts, [...]

    Deyaar to hand over seven projects in 2009

    Posted: 18 Feb 2009 01:30 PM CST

    Further demonstrating its continued commitment to its customers, Deyaar Development PJSC, one of the region’s fastest growing real estate companies, announced today that it will hand over seven projects in 2009, including premier developments in Dubai’s master planned communities. The handover will include over 1,300 units from across its diverse project portfolio. The projects scheduled for [...]

    Geojit launches Property Services Division

    Posted: 18 Feb 2009 01:00 PM CST

    Mumbai: Geojit Financial Services launched its property services division, which will offer investors and builders a single transparent platform to buy/sell office and commercial spaces and residential apartments/flats. The new division will start operations in Kochi, and will gradually cover the other major locations in the state. In the next phase, the other states in South [...]

    Tata Housing: projects to be completed on time

    Posted: 17 Feb 2009 07:57 PM CST

    New Delhi: Tata Housing Development Co. assured its customers of timely completion of projects despite slowdown in the property market. At present, Tata Housing is developing two residential projects at Bangalore and Gurgaon, which are planned to be ready for possession by December 2010 and June 2011, respectively. “We, at Tata Housing, are committed to make [...]

    Correction in real estate is bound to come: Parekh

    Posted: 17 Feb 2009 06:48 PM CST

    New Delhi: Expecting correction in real estate prices, country’s largest housing finance company HDFC Ltd today said it would cut interest rates in case costs of fund comes down. “Where flats are more expensive, the drop will be sharper than where the flats are cheaper… correction is bound to come,” HDFC Chairman Deepak Parekh told reporters [...]

    Daily Real Estate News

    If you have trouble reading this e-mail click here.

    February 19, 2009

    Advertisement
    Win $1,000 for your charity.
    Apply for REALTOR Magazine's Volunteering Works grant and mentoring program. Finally give life to that charitable effort you have been trying to start. Five REALTORS will receive $1,000 grants and one-on-one mentoring for a year. Deadline: February 20.

    What's in the Foreclosure Prevention Plan
    Plan includes help to homeowners who are still current on their mortgage but at risk of trouble.
    Read more >
    Commercial Real Estate Continues to Decline
    Credit crunch is at root of sector's woes, NAR says.
    Read more >
    How to Make Social Networking Sites Pay Off
    Savvy real estate pros are joining Facebook, Twitter, Craigslist, LinkedIn, MySpace, Plaxo and other social networking sites.
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    Is Hug the Right Way to Greet a New Client?
    It can be, but not all hugs are the same.
    Read more >
    The New Etiquette of Effective Lead Capture
    Make it easy for consumers to contact you.
    Read more >
    7 Common Credit Report Mistakes
    Buyer's Guide: Smartphones
    Can the Color on Your Walls Cost You a Sale?
    Show Off Your Best Room Makeover Photos
    Have you turned a less-than-perfect room in one of your listings into a showpiece? REALTOR® magazine is looking for submissions of your best room makeovers to feature in an upcoming slide show.
    Read more >
    2009 Good Neighbor Awards Call for Entries
    Winners receive $10,000 to help their designated charity.
    Read more >
    NAR Launches National Radio Show
    Real Estate Today, a radio show produced by NAR, premiered on Feb. 14. The show also airs online at www.RETRadio.com. Visit the site to listen to current or past programs.
    Read more >
    Unsubscribe from this e-mail newsletter.
    Manage E-mail Preferences: To change your e-mail address, or manage your subscriptions, please log in to your REALTOR.org account. Your REALTOR.org username is TelanganaDeccan.
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    The Golden Truth - Quantum Gold Fund all set to complete one year of success!!

    Please CLICK HERE if you are unable to view this mailer correctly
    The Golden Truth: Quantum Gold Fund all set to complete one year of success!!!

    Quantum Gold Fund all set to complete one year of success!!!

    Dear Investors,

    Quantum Gold Fund (an exchange traded fund) will soon complete a year since its inception (allotment) on 22nd February 2008. We launched the fund almost a year ago to enable retail investor's to take exposure to high quality of Gold, in demat form on NSE, without the hassles of security,storage,insurance etc.

    For being investors in the Quantum Gold Fund, we would like to take this opportunity to thank you for imposing faith in Quantum and its philosophy viz low cost, direct to investors and research based decision making.

    We have always strived to use innovative, yet economical channels to reach out to our investors and internet is one of them. We also have focused on educating the investor's on advantages of Gold as an asset class, through our flagship publication "The Golden Truth". We have tried to empower our investors by giving comprehensive information on gold on our website

    As a result of all these low cost efforts, we are glad to inform you that in a short span since its inception, the number of investors in your Quantum Gold Fund have multiplied by more than five times. This encourages us a lot to move forward on the less treaded path that Quantum has opted for in the mutual fund industry; the direct to investor model.

    The investment objective of the Quantum Gold Fund is to "closely track" the domestic prices of Gold, before expenses. We have not deviated from this mandate and will be our endeavor to continue to perform in the same manner.

    Since its listing (28th February 2008), your Quantum Gold Fund has returned 25% vis-à-vis the domestic price of gold which has returned 26% (as on 18th February 2009). Quantum Gold Fund has also acted as an "Effective Portfolio Insurance" by minimizing your losses, if any, from the stock markets.

    Table I: Performance comparison between Quantum Gold Fund and Sensex

    Year

    Quantum Gold Fund

    BSE Sensex

    Since Inception of Quantum Gold Fund (22nd Feb 2008 - 18th Feb 2009)

    29.7%

    -48 %

    Source: AMFI, Bloomberg

    We would continue to use this platform to give more and more information on the Quantum Gold Fund to our investors, since its investor's right to know about it.

    Here are some of the salient features of your Quantum Gold Fund that every investor should know:

    • Quantum Gold Fund invests in 0.995 purity gold sourced from refiners accredited by London Bullion Market Association only.

    • Quantum Gold Fund is the only Gold ETF in India with underlying of as low as ½ gram of Gold per unit.

    • The underlying Gold is held in secured professional vaults in Mumbai.

    • Gold held is completely insured and that includes terrorism insurance.

    • Gold held is physically verified and also audited on a regular basis.

    • We neither time the market nor trade in the gold held by the scheme.

    • We endeavor to stay fully (i.e. to the maximum level possible) invested at all times in physical gold.

    Once again we thank you for investing in the Quantum Gold fund and please do let us know your views and suggestions on the same. We would be happy to hear from you.

    Warm Regards,

    Devendra Nevgi
    CEO & CIO
    .

    Quantum Gold Fund.
    A Cheaper and Convenient way of owning High Quality Gold

    To Buy Gold... Call your broker and buy Quantum Gold Fund (ETF) on the NSE
    Code -
    (QGOLDHALF) or log on to your online trading account and place the order. Now!

    ADVANTAGES OF QUANTUM GOLD FUND

    • Backed by Gold of 0.995 fineness
    • Available on NSE symbol - QGOLDHALF
    • Buy through any NSE broker-member
    • Save on making charges and premiums
    • Gold holdings secured and insured
    • Low recurring expenses
    • No Wealth Tax
    • Concessional Long Term Capital Gains Tax after 1 year
    • One unit equals approximately half gram Gold

    Click here to leave us a message

    OR
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    - Toll Free: 1 800 22 3863 or +91 22 2282 9414
    For more information Click Here. You can also email us at Goldfund@QuantumAMC.com
    Mutual Fund investments are subject to market risks. Please read the offer document carefully before investing.
    Click here for detailed risk factors and statutory information on the schemes

    Disclaimer: The views expressed in this article are of Quantum AMC Pvt. Ltd., and is in no way a definite prediction on trends of Gold. The views are based on past trends in the bullion markets, which may or may not be sustained in the future.

    This mail communication is an initiative of Quantum AMC Pvt. Ltd. If you do not wish to receive these in the future, kindly reply to this email marking "Unsubscribe" in the subject line.

    Wednesday, February 18, 2009

    Property News Update from ludlowthompson.com: Top Tips for New Landlords

    Keep up to date with the Property News market ��� Complimentary weekly newsletter
    Sent to previous & current customers - simply unsubscribe if you do not want to receive future issues
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    no-reply@ludlowthompson.com If you can't see the images you can view online click here.
    ludlowthompson.com
    London Property News
    Property market news, tips and crazy stories
    W/C 16th February 2009
    For new landlords entering the market, this advice from LONDON'S LETTING AGENT is useful reading.
    Home buyer interest increases
    After steep house price falls and successive interest rate cuts, RICs reports that home-buyer inquiries increase.
    The Couples Rental List: 18.02.09
    If you decided to move into with your sweetheart this Valentine's, check out our list of cosy one bedroom flats to rent across London.
    A stripey kind of love
    Is your local zebra crossing red and stripey with two hearts? Perhaps our local authorities should catch on...
    Our Valentine's prize: And the winner is...
    Announcing the winner of our 'Find Love & Find A Flat' prize by ludlowthompson & urbanmole.com
    Buy-to-let health check: fairing well
    Once billed the black sheep of the property market, the buy-to-let rental market holds up well in a sick economy.
    ludlowthompson praised for house sales
    Sellers praise the abilities of the London estate agent to sell houses in the current economic climate.
    Warning: estate agents switch to lettings
    With the economic downturn many sales agents are changing to lettings but lack the necessary expertise.
    Other Stories:
    Spring decorating: green and healthy choices 10th Feb 2009
    Help London's homeless in the credit crunch 10th Feb 2009
    Does your ironing board smell of chips?! 9th Feb 2009
    Credit Crunch Tenant Sharers Rental List: 21.01.09 9th Feb 2009
    Top 20 buy-to-lets: gross rental yields to 11.3% - 29/01/09 28th Jan 2009
    What hidden assets rest in your attic? 28th Jan 2009
    Buy-to-let lending trend holds up 27th Jan 2009
    ��300 prize draw: Selfridges vouchers to win 21st Jan 2009
    Are your cups of coffee spooking you out? 21st Jan 2009
    Customer Service Is King say ludlowthompson 14th Jan 2009
    More in our Archive
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    Ludlow Thompson Limited are registered in England at 43-45 Wimbledon Hill Road, Wimbledon, London SW19 7NA. Registered Number: 2826702, VAT Number: 627 0490 47.

    Ludlow Thompson are members of ARLA (Association of Residential Letting Agents) and the OEA (Ombudsman for Estate Agents) Member No. N00170.

    Last Opportunity to Register for RCA/Top Dogs February Webinars

             Register Today for the RCA/Top Dogs
             February Webinars and Save $40 per
             Session!

    Don't delay, this is your last opportunity to register for the RCA/Top Dogs February webinars. Both online webinars will offer an opportunity to learn from two of the best instructors in the country - Peter Droubay and Bob McComb, the co-creators of the Top Dogs Commercial Real Estate Training programs. Sign up today for one or both sessions taking place on February 19 and 20! Registration closes the morning of each session.

    February 19
    The February 19 event will focus on developing expertise in industrial properties and will feature a unique approach, pioneered by Top Dogs Commercial Real Estate Training, for accelerating your learning and increasing your ability to be perceived as an expert in your area. If you want to earn more from transactions involving industrial space and industrial properties, you need to be in attendance.

    February 20
    The February 20 event is part of the Top Dogs Next Level Series designed for agents and brokers who want to take their commercial practice to new heights. It will give you specific, proven strategies for quickly creating the kinds of relationships that are necessary for high level success in commercial real estate. We all know that who you know can make a huge difference in your career, especially in commercial real estate.

    To Learn More:

    Visit the RCA Web site to learn more about each session.

    Learn More About Top Dogs:

    Visit the Top Dogs Web site to learn more about Top Dogs training programs and instructors Bob McComb and Peter Droubay.

    Cost:

    $49 per session for NAR/RCA (Regularly $89, use the discount code below and receive an immediate $40 discount)

    Discount Code:

    hsemeffusf or kefidduguv (The best practice with the coupon codes is to type one of them into the appropriate field - if you copy and paste out of this email it may cause the code to be read as invalid. The codes are case sensitive, so type the letters in lower case. Once you have typed in the code, click the button that reads "Apply Coupon").

    How to Participate:

    Go to http://realtor.webex.com to register for one or both sessions. You will receive a WebEx email confirmation from "messenger" that will provide you with participation instructions. Registration is first-come, first-served and is limited to 200 attendees per session. Registration closes the morning of each session.

    For Registration Issues:

    Peter Droubay or Bob McComb
    Top Dogs
    888-894-5772

    For More Info:

    REALTORS® Commercial Alliance
    1-800-874-6500

    This educational offer is brought to you by the REALTORS® Commercial Alliance (RCA) of the National Association of REALTORS®.

    Please do not reply to this email. This mailbox is for distribution only.

    As a member of the NATIONAL ASSOCIATION OF REALTORS®, you are entitled to receive the most updated information on the programs, products, and services offered by the association. However, if you would like to be removed from the NAR email distribution list, please click here.

    National Association of REALTORS®
    REALTORS® Commercial Alliance
    430 N. Michigan Ave.
    Chicago, IL 60611

     

    Daily Real Estate News

    If you have trouble reading this e-mail click here.

    February 18, 2009