REO Pro - Real Estate Default Professionals

America's Largest Social Network for Default Real Estate Professionals

http://reopro.ning.com/page/buyer-direct

Anil Alex Moonasar's Blog – February 2013 Archive (2)

Investment firms buying up Florida foreclosures

Hedge funds and investment firms are buying up Florida foreclosures, beating out homebuyers and local flippers, while steering the state into what some fear is another real estate bubble.



The companies, including New York-based Blackstone Group and Lake Success Rentals, a partner of Toronto-based Tricon Capital Group, purchased an estimated 5,300 Florida homes last year that were in some stage of foreclosure, according to a report from RealtyTrac.



In Palm Beach County,…

Continue

Added by Anil Alex Moonasar on February 19, 2013 at 2:47pm — 1 Comment

What’s the best season for home buying?

After the holidays, buyers tend to get more aggressive with their house hunting. Search activity usually peaks around March or April in most states, according to a new study of home searches from 2007 to 2012 conducted by Trulia.



In September, searches slow down. By December, buyer searches ebb to their lowest point of the year.



“Home-search activity swings with the seasons in every state,” says Jed Kolko, chief economist of Trulia. “Buyers and sellers can use these ups…

Continue

Added by Anil Alex Moonasar on February 2, 2013 at 12:24pm — No Comments

Send Invitations

Image and video hosting by TinyPic

© 2019   Created by Jesus (Jesse) Gonzalez.   Powered by

Badges  |  Report an Issue  |  Terms of Service