Vacancy Rates Drop | Brian Bean & Tim Hardin | Riverside Real Estate | Short Sale Lease Back - 05/06/12 10:25 AM
Vacancy Rates Drop | Brian Bean & Tim Hardin | Riverside Real Estate | Short Sale Lease Back AS VACANCY RATES DROP, HOME PRICES ON THE INCREASE Home sales have dropped, prices have increased and vacancy rates are dropping, buoyed by investors who are snapping up attractively priced foreclosures.
Among recent developments:
-- Clear Capital reported last week that REO prices increased 5.5 percent from a year ago, while the number of sales dropped 2.9 percent. Corporate investor purchases of single-family homes to convert to rentals is driving bank-owned-home prices off the bottom.
“There has been quite a bit of buzz … (0 comments)

 
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Brian Bean, Dream Big Real Estate & IE Short Sale Pros, SoCal, 951-778-9700

Riverside, CA

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