The REO (Real Estate Owned) to Rental Industry is about to explode with an onslought of reposessed homes turning into rental property. Here's the story from CNBC News… Questions or comments about this video, or any story on our site? Just use the comment link below to contact us.
The long-awaited housing recovery is beginning to blossom, according to industry experts taking a look at recent existing-home sales. Paul Dales, chief economist at Capital Economics, says "it is clear that a housing recovery is now well underway." Lawrence Yun, chief economist for the National Association of Realtors (NAR), concurs with Dales' assessment, saying "The [...]
While year-over-year home price measurements notched down in 2011, prices are expected to see a slight uptick in 2012, according to Clear Capital. Should the valuation company's predictions ring true, it would be the first time since 2006 that the change in annual home prices has landed in positive territory. In 2012, Clear Capital is [...]
Consumer expectations for U.S. home prices perked up in December, matching a modest fourth-quarter improvement in the U.S. economy, according to a monthly survey from mortgage market firm Fannie Mae. For its December reading, Fannie Mae said survey respondents now expect home prices to rise by 0.8% over the next year, up from the 0.2% [...]
Slightly over half of all homeowners say their homes are worth more today than they were when they bought them, according to a new national survey conducted just before Christmas. Most homeowners are confident they know what their home is worth, and a greater number than ever, some 29 percent, believe that they have lost [...]
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