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Do REO Sales Threaten Homeownership?

By: Steve Cook; Wed, Dec 7, 2011

7 Comments

During the boom, the only way first-time buyers, minorities and working families could afford to buy a home was through subprime and creative financing. Now that homeownership is affordable, new barriers to financing and competition with investors are locking them out of homeownership and changing the residential fabric of our communities from ownership to rental.

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Investor Sales Surge

By: Steve Cook; Tue, Nov 22, 2011

2 Comments

Low home prices and strong demand for rental properties are causing a surge in investor buying, driving up the market share of homes purchased by investors.

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Rising Rents Improve Investors’ Returns

By: editor; Wed, Oct 19, 2011

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With rents rising faster than last year, the picture for residential real estate investors is getting even better than it already was as a result of once-in-a-generation prices and low interest rates, according to the founder of the leading Internet platform for investors and real estate professional.

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Boomers are Betting on Real Estate

By: Steve Cook; Wed, Oct 12, 2011

10 Comments

Even though the real estate depression  has delayed many from moving ahead with plans to sell the family home, baby boomers are a red hot market for investment properties.

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Soaring Prices Suggest a Florida Phenomenon

By: Steve Cook; Sat, Sep 17, 2011

8 Comments

According to the latest data from Realtor.com, the world's largest real estate site, Florida single family home and condo prices are zooming at the same time that the rest of the nation is still recovering from the first quarter's double dip.

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REOs Extend Foreclosure Pain

By: Steve Cook; Fri, Aug 12, 2011

1 Comment

Bank-owned foreclosures (REOs) are taking significantly longer to sell than foreclosures bought and resold by investors, extending the timeline for REO foreclosures even longer than the extraordinary delays for resulting from slower processing.

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Bargains Beckon Canadians South

By: Steve Cook; Fri, Mar 25, 2011

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Lower prices and the strong Canadian dollar are encouraging one in five Canadians to buy U.S. property today, according to a new survey of by the Bank of Montreal.

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Cash Deals Break the Bank

By: Steve Cook; Fri, Mar 4, 2011

1 Comment

  All-cash home sales are setting records in market after market around the country as investors account for a growing share of home purchases and individual buyers, especially first-time buyers, fade as mortgage rates rise and home buyer demand softens further.

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Poor Condition of REOs Depresses Home Values

By: Steve Cook; Fri, Dec 10, 2010

2 Comments

The quality, as well as the quantity, of many bank-owned properties in the REO inventory is creating a drag on home values because they are difficult to sell in today's market, Scott Sambucci, vice president of Altos Research, said yesterday in a Webinar for investors.

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2011 Outlook: Stars Align for Buyers with Low Rates and Prices

By: Steve Cook; Tue, Dec 7, 2010

2 Comments

Interest rates below 5 percent and prices bottoming out in the first half of the year will drive two of the three main ingredients for buyer affordability to cyclic lows next year, Freddie Mac's chief economist said yesterday.

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Prices Fall on Move-in Properties, Rise on Fixer-uppers

By: Steve Cook; Tue, Jul 27, 2010

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Prices on homes ready to be occupied fell an average of 6.8 percent between May and June, but prices for damaged foreclosed properties increased by 5.9 percent during the same period.

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Auctions Bid for Seventh Record Year

By: Steve Cook; Tue, Nov 10, 2009

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Gross revenue from residential real estate auctions have skyrocketed 49 percent over the past six years, an increase of $5.6 billion.

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Micro Markets Shine in Gloomy Times

By: Steve Cook; Wed, Jun 10, 2009

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These days, it’s hard to find much to cheer about in the Case-Shiller top twenty or NAR’s quarterly metro market report.  Yet far beneath the radar of the national or MSA level data, some folks are smiling.

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The Last Great No-Down Loan

By: Steve Cook; Thu, Jun 4, 2009

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Thought no-down payment mortgages were a thing of the past?

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Investment Opportunities

Top 15 Metropolitan Areas by Price Gain

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