by Phyllis Rockower | Jun 13, 2012 | Housing News, Phyllis Says, Real Estate News
Can you believe it? After years of bulging inventory of reos, the days on market has shrunk to an amazing 33 in L.A. Because of several reasons: Interest rates so low makes for a positive cash flow situation for buy and hold Upside down home owners not putting houses...
by Phyllis Rockower | Jun 12, 2012 | Economic News, Real Estate News
America is on sale so money is flowing into our real estate market. In addition, exchange rates favor them. We are considered a safe haven. Usually its just treasuries but with the low interest rate being paid by treasuries, real estate is a real bargain. Are you...
by Phyllis Rockower | Mar 20, 2012 | Economic News, Real Estate News
Investors are pushing up sales by buying multiple properties at the low end-less than 200k Unfortunately this caused the median price to drop to 264k. Cash rich hedge funds and private equity firms are buying up homes at a frantic level and renting them out. This...
by Phyllis Rockower | Mar 12, 2012 | Economic News, Real Estate News, Uncategorized
Every day I hear of one of my students having access to foreign buyers looking to invest with them. In fact there is now an international mls for foreigners to view our properties for sale. Florida is the top viewed state followed by AZ, Nevada and CA. What a...
