Existing home sales came in at a whopping 6,850,000, beating estimates with the highest print since 2006. Days on market fell from 36 days to 21 days on a year-over-year basis. Cash buyers remain at
Here Come The Mom And Pop REO To Rental Investors
Dated: April 25 2014
While attending the MBA Single-Family Rental Summit held in Arlington, Virginia on April 22nd, it struck me that there is already a shift taking place in this market.
This was natural due to the emergence of institutional investors such as American Residential Properties,Blackstone, Starwood Waypoint Residential Trust,Colony American Home Rental, and others that bought thousands of REO properties in well-publicized transactions.
But, according to several panelists who spoke at the summit, large institutional participation in this market may well have peaked and is giving way to smaller investor groups and individual investors. Read More Here...
For Mark Ross, founder of Ross NW Real Estate and professional real estate broker, real estate has always been the career of choice. During his 25+ years in the industry, Mark has gained experience in....
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