by Phyllis Rockower | Aug 29, 2013 | Real Estate News
Not surprising since dopey hedge funds flooded the market with homes they overpaid for and putout for rent instead of re-selling.The median rent for single family homes in LA fell 4.1 %last quarter from last year at the same time. [note color=”#ffffff”]In...
by Phyllis Rockower | Jul 26, 2013 | Uncategorized
When you look at home sales the important thing to look for is not just sales but inventory. It is mostly inventory that impacts prices. When we look at sales for existing homes you should look at the ratio between conventional and distressed, not total sales. So,...
by Phyllis Rockower | Jul 25, 2013 | Uncategorized
Thank god that trend is going away . It’s been impossible to find deals when those big boys are in there buying without regard to comps. They don’t have to worry about appraisals since they are paying cash. We as investors have to be concerned about what...
by Phyllis Rockower | Jul 1, 2013 | Real Estate News
There is a new program called REX Home buyer and its a kind of shared appreciation of real estate, Hedge funds, pension funds and the like are getting into...
by Phyllis Rockower | Jun 18, 2013 | Real Estate News
For the past three years they have been swarming over the hardest-hit housing markets, buying distressed properties in bulk and pushing prices higher by double digits. The idea for these investors was not to buy and flip, but to hold and rent. Now some investors say...
