James Marotta Real Estate Services

Latest News

Part of that commitment includes providing an outstanding information resource on the latest Real Estate trends and news via our fully integrated Facebook blog. Scroll down to see it!

You can get your daily dose of information here or as a fan through Facebook. It will give you insight and advice on how to navigate this volatile market from purchasing foreclosures and short sales, to pricing and selling your home, as well as the best practices for renting your home to preserve your investment. As Broker of James Marotta Real Estate Services, I am committed to helping people get the best information and results. Your real estate properties are all highly valuable and can greatly impact your financial well being.

So regardless of whom you may be working with, feel free to visit often for the latest insights here.

If you prefer, we also have a dedicated Facebook Page on Short Sales and Foreclosures that provides our Foreclosure or Short Sale Du Jour, which we feel is one of the hottest opportunities available at the moment. You can also search foreclosures directly from the page and the page has dedicated foreclosure and short sale news reporting.

Wednesday

Aug032011

Rentals boosted by Foreclosures

This article covers a lot of ground between plans by Fannie Mae to rent homes up to 5 years to lenders selling foreclosures in bulk to investors. Regardless of the place the foreclosure ends up, the article hints that sales prices maybe stabilizing, and that rentals are the big focus for investors as rental prices go up from new demand and easy foreclosure inventory. I think the biggest take aways are: buy and hold (not flip), and also banks are considering stabilizing the market by holding their own inventory and renting it. This indicates rentals are a good way to go for current home owners, investors and banks.

How can you as a home owner benefit? Simple, if you have a desire to move closer in town or upgrade to a bigger home, this could be the right time. You can easily rent out your existing home, hopefully with positive cash flow, and purchase the upgrade home cheap! This market can present some win wins!

See article: http://www.pe.com/business/realestate/stories/PE_News_Local_D_rentals03.3a0741f.html