Friday , 2 June 2017
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Investment Watch

Soaring Prices Suggest a Florida Phenomenon

According to the latest data from, 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. Read More »

Investors Can’t Resell

Anemic demand from owner-occupant homebuyers has forced investors to rent out about half of the homes they purchase — as opposed to renovating and flipping the properties. Read More »

REOs Extend Foreclosure Pain

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. Read More »

Third Residential Web Site Goes Public

HomeAway, Inc., an Austin, Texas based site that matches home owners with travelers looking for vacation rentals and sales, priced eight million shares at $27 each this morning to raise $216 million in its initial public offering under the symbol AWAY. The Austin, Texas-based online marketplace for vacation properties priced at the top end of its $24-$27 price range. Read More »

Investors Dominate Distress Sales

Investor activity dominated a sluggish distress sale market in February as homebuyers are increasingly frustrated by difficulties getting financing, according to the latest Campbell/Inside Mortgage Finance HousingPulse Tracking Survey. Read More »

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