117,536 New Listings - May 17th, 2012
Last update: 8:56 AM EST
The government and the private real estate market are both aiming for the rental market. While bank owned homes are being purchased by the bulk and converted into rental dwellings, the government is also stepping up efforts to sell its own foreclosures to investors to have them converted into rental houses.
[...]
Continue Reading: 'Bank Owned Homes Turned Into Rentals May Lead Sector Out of the Bottom'
The housing market is definitely improving, buoyed by huge sales of bank owned properties and low-priced residential and commercial properties. But the observation that real estate is local has not changed much despite escalating sales, with some areas expected to recover faster than others.
[...]
Continue Reading: 'Inventory of Bank Owned Houses Declining, but Real Estate Trends Remain Local'
A year or so ago, the housing market is facing problems on what to do with the huge supply of bank owned houses. Since then, improvement in consumer confidence has helped deal with this concern as more buyers and investors entered the market and pluck out bargain-priced properties.
[...]
Continue Reading: 'Various Options in Dealing with Bank Owned Houses'
Those who do not believe that the U.S. housing market is recovering should take a look at areas that were hit hardest by the foreclosure crisis and compare housing data in these areas from a year ago. Arizona, California and Florida are just some of the regions showing improved prices, sales and inventories.
[...]
Continue Reading: 'Sales of Bank Owned Houses Helping Hard-Hit Areas Recover'
The issue of the housing crisis has been a delicate topic among political candidates seeking to get elected or re-elected in 2012. A lot of candidates have been reluctant to give a definite opinion on how the housing problem should be addressed.
[...]
Continue Reading: 'Aggressive Push to Prevent Further Increases in Bank Owned Houses'
Sales of residential properties, particularly low-priced bank owned properties, have been rising steadily since the second half of 2011. The first two months of the current year show that the trend is likely to continue for the rest of 2012.
[...]
Continue Reading: 'What’s Driving the Surging Sales of Bank Owned Homes?'
The advantage of the low prices of bank owned houses is not lost on investors. Majority of them have re-entered the real estate market and purchased these cheap properties to convert them into rental dwellings as the apartment market surges.
[...]
Continue Reading: 'Bank Owned Houses Getting a New Lease in Life'
The housing crisis remains a sore point of contention among political parties, analysts and almost every member of the American society. The recent foreclosure settlement has further fueled the debate, with some market observers asserting that the punishment meted on banks is not commensurate with their alleged role in the housing crisis.
[...]
Continue Reading: 'Moving Forward May Be the Best Option to Solve Problems of Bank Owned Homes'
Several proposals have been put forward to address the issue of the huge supply of bank owned houses that are still in the market. Getting these properties occupied, according to some housing experts, should be the priority of the government and the industry.
[...]
Continue Reading: 'What to Do with Bank Owned Homes? Rental Proposal Still Up for Debate'
The year 2012 has already started, but the debate on whether the housing industry is going the right way or not is still ongoing. One cannot blame those who question claims that the housing industry is improving, given that signs are not as obvious as we all wish them to be.
[...]
Continue Reading: 'Inventory of Bank Owned Properties Declining Slowly'
