The Power of Quality Thought
Being aware of the trends in business and the economy can help an investor make strategic decisions to stay ahead of a trend.
Being aware of the trends in business and the economy can help an investor make strategic decisions to stay ahead of a trend. The ability to recognize the trends in housing valuation, taxation, and lending are crucial in real estate. Housing in some areas will reach very inexpensive levels as taxing authorities look for ways to generate more revenue. Taxing authorities that implement new taxes during the recession are not very likely to withdraw them during a recovery. In addition, lending must still become more personal. Once this happens and a recovery begins, housing valuations will rise. The good news is that until banking becomes more personal, there may be opportunities for creative financing solutions through options like owner financing, where a homeowner needs to sell a house, but the buyer cannot get financing. Trends such as this could help or hurt the economy.
About the Author
Calvin D. Boender was raised in the Dutch Christian Reformed area of Highland, Indiana. After high school, he attended Calvin College in Grand Rapids, Michigan, for three years and thereafter graduated from Grand Valley State College, Allendale, Michigan, in December, 1978, with a bachelor's degree with honors in political science. For the past 35 years, he has focused his attention on real estate by successfully investing in and redeveloping residential, commercial and industrial properties. He has now turned his quick mind and strong business acumen to developing Renew Biomass into a market leader. Cal has been a major contributor to various philanthropic causes and non-profit organizations addressing the needs of children and less-fortunate individuals. He resides in the suburbs of Chicago with his wife and two dogs, where he enjoys reading and biking.