foreclosure: My Solution for Bank Owned Foreclosed Properties (REO's)
- 11/08/11 04:34 AM
I read this today: Freddie could take more than a decade to unload REO inventory and thought, "Ugh, really?" If asset managers of large institutions got wise, they could responsibly unload a number of these properties to value oriented investors, rehabbers, and property managers. In this market, there is no shortage of savvy investors out there looking to build their portfolios up with discounted properties. REO, short sale, pre-foreclosure, you name it. Some of these companies/people are pillars of their respective communities hoping to bring back the local lustre. They're endeavoring to rebuild neighborhoods, houses, and even provide affordable housing solutions. … (0 comments)
foreclosure: Housing Trends in Sixteen Acres, Springfield, MA
- 05/31/11 09:31 AM
Selling in Sixteen Acres? This market isn't hard to understand, and it isn't really that hard (conceptually) to adjust to either. You've just got to know what works and what doesn't. Let's take a look at the Sixteen Acres area for a minute, specifically the 01119 zip code... At the time I'm writing this, we have 73 active single family listings (on the local MLS), ranging from $36,900 to $299,900 14 other listings in the area are marked as UAG or sale pending. So, easy math and some basic assumptions says that the top 16% of homes in Sixteen Acres, Springfield, … (0 comments)
I read this today:
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