The real estate market is booming with, both, frothing new investors looking to "cash-in" on the next big trend, and long-time profiteers who have already impregnated their bank accounts before 2007 reset the game. Similar to vices of the past, real estate guru's, entrepreneurs, newbie's, and veterans have all become addicted to the marketing, buying, advising, and selling of distressed property in this lush capital-rich market -- ironic, given the financial decline that all markets have sustained over the past 36 months. Knowing how, and from whom, to buy; where to sell; and, when to bend reality has savvy investors all over the country preparing for an early retirement.
With a continued market trend showcasing multiple levels of default inventory yet to "hit the graphs," buyers are looking for property and expecting the bare minimum. RealtyTrac statistics indicate a continuing trend of property availability. "The company's data shows that foreclosure filings - including default notices, scheduled auctions, and bank repossessions - were issued on 333,837 properties in April. While still elevated, that figure represents a 9 percent drop from the previous month and a 2 percent decline compared to April 2009."
Stay tuned for additional updates and trends. For instant insight, feel free to contact the author personally on his mobile at (813) 404-6916 begin_of_the_skype_highlighting (813) 404-6916 end_of_the_skype_highligh or via e-mail at firstname.lastname@example.org
Inventory can be purchased at http://www.WCEquity.com today -- prices are negotiable.
Disclosure: no positions