Mar 23 2012
Wall Street “Gold Rush” in Foreclosed Homes
I received an interesting article from one of our investors, Steve Lemke. The article is via Reuters and reported by Matthew Goldstein and Jennifer Ablan (Editing by Claudia Parsons). In the article, it is reported that there is tremendous interest from large institutional investors, including some of the biggest names in the investment community, in [...]
Mar 14 2012
WSJ: Phoenix House prices Rising. Shows Path for Other Cities.
An article by Nick Timiraos appeared in the Wall Street Journal on Tuesday March 13th, 2012. Mr. Timiraos explains how the Phoenix housing market has been rising, and how house inventory has been significantly down from a few years ago.
This corroborates our in-the-field experience. It has been harder to come by REOs for sale which [...]
