News Alerts. Oct. 30, 2013. Afternoon Edition. #RealEstate

Linking ≠ endorsement. Enjoy and share:

  1. MANCHESTER: Real estate market shows signs of improvement in area – Manchester Enterprise – Heritage Newspapers

    For the first time since 2007, property values aren't falling. According to the 2013 Washtenaw County [Michigan] Equalization Report, the assessed values of all properties in the township increased by $500,000 from 2012 values.

    Source …  /28/manchester_enterprise/news/doc526af 9a4e380b727109965.txt?viewmode=fullstory

  2. China's Smog Problem So Dire It Can Be Seen From Space (PHOTOS)

    We cannot overstate just how bad this is for the Chinese economy and real real-estate values.

    "Heavy smog has shrouded much of eastern China, and air quality levels have been dropped to extremely dangerous levels," the NOAA wrote on its site. "The heavy smog is caused by industrial pollution, coal and agricultural burning, …

    While there are laissez-faire (anarchistic) capitalists out there calling for government to get out of the economy, there is no way that this horrible environmental and health disaster will be corrected without government taking firm, decisive, and quick action to control unbridled growth whether that growth has been, or remains, capitalistic, governmental, or otherwise.

    See the full-sized image here: s/2013/10/noaa.png

    Source … 028/chinas-smog-problem-so-dire-it-can-b e-seen-from-space-photos.htm

  3. Crazy ants |

    More on the crazy ants:

    (CNN) — Beware the "crazy ants."

    Researchers at the University of Texas are warning that the invasive species from South America has the potential to change the ecological balance in the southeastern United States, largely because the ants can wipe out colonies of what's been widely considered the insect villain of the region, the fire ant.

    The crazy ants, officially called "Tawny crazy ants," are omnivores that can take over an area by both killing what's there and starving out what they don't kill, said Ed LeBrun, a research associate with the Texas invasive species research program at the Brackenridge Field Laboratory in the College of Natural Sciences.

    What will they do to property values?

    Source …

  4. Home prices close in on housing bubble peak | Inman News

    Closing in on undeniable bubble territory:

    Nationwide, home prices are now just 14 percent off of their bubble era peak, according to real estate data and technology firm Lender Processing Services.

    Will events and efforts to keep a huge bubble from forming arrive? It will be a challenge.

    If the system can keep a check on "investors" who otherwise lose all perspective, then we can do it.

    Source … ose-in-on-housing-bubble-peak/

If you are an investor in 1-4 unit properties in Arizona, California, Nevada, Oregon, Utah, or Washington, please do the financially responsible thing and make sure you have proper Landlord Insurance with PropertyPak™. We love focusing on real estate and the economy in general, but we are also here to serve your insurance needs.

Hill & Usher (PropertyPak™ is a division) has many insurance offerings. See our menu above for more info and links.

Did this post help you? Let us know by leaving your comment below.

Note: This blog does not provide legal, financial, or accounting advice. Seek professional counsel.

Furthermore, we, as insurance producers, are prohibited by law from disparaging the insurance industry, carriers, other producers, etc. With that in mind, we provide links without staking out positions that violate the law. We provide them solely from a public-policy standpoint wherein we encourage our industry to be sure our profits, etc., are fair and balanced.

We do not necessarily fact checked the contents of every linked article or page, etc.

If we were to conclude any part or parts of our industry are in violation of fundamental fairness and the legal standards of a state or states, we'd address the issue through proper, legal channels. We trust you understand.

The laws that tie our tongues, so to speak, are designed to keep the public from losing confidence in the industry and the regulatory system overseeing it. Insurance commissioners around the country work very hard to analyze rates and to not allow the industry to be damaged by bad rate-settings and changes in coverages. The proper way for people in the industry to deal with such matters is by adhering to the laws, rules, and regulations of the applicable states and within industry associations where such matters may be discussed in private without giving the industry unnecessary black eyes. Ethics is very high on the list in the insurance industry, and we don't want to lose the people's trust. That said, the industry is not perfect; but what industry is?

For our part, we believe in strong regulations and strong regulators.

We welcome your comments and ask you to keep in mind that we cannot and will not reply in any way or ways where any insurance commissioner could rightly say we've violated the law of the given state.

We are allowed to share rating-bureau data/reports and industry-consultant opinions but make clear here that those opinions are theirs and do not necessarily reflect our position.