by Phyllis Rockower | Jun 24, 2013 | Uncategorized
Realtors are going in the field and farming like they used to. They are contacting home owners even before they even think about selling. They are calling, driving and sending mail. They have lots of “pocket listings” this way- people who are considering...
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...
by Phyllis Rockower | May 31, 2013 | Economic News
They say that the rules brought on by the Consumer Financial Protection Bureau go too far in insisting that lenders verify borrowers ability to pay. A new government agency called the Consumer Financial Protection Bureau has been created to protect consumers from...
by Phyllis Rockower | Jun 15, 2012 | Housing News
More proof that we are on the mend. i have been saying for about the last year and a half that we have been scrapping along the bottom and now we are entering a new phase- UP!!! Home sales and prices in May popped 9.3% from April and jumped 17.6% from May 2011 to...
by Phyllis Rockower | Mar 29, 2012 | Economic News, Real Estate News
The number of homes sold to investors more than doubled last year, as rising rents and low-priced distressed properties fueled demand. Investors, half of them using no mortgage, bought 1.23 million homes in 2011, a 65 percent jump from 2010. According to the National...
