Coldwell Banker Premier Realty

Boomerang Buyers

CNN explores families that have returned to the market after a foreclosure
Posted by John McClelland on March 12, 2013 in  uncategorized

Buyers that lost their homes to foreclosure just several years ago, have nursed their credit back and are back in the market for a new home, however they often enter at half of the prior mortgage payment.

http://money.cnn.com/2013/03/11/real_estate/foreclosure-homes/

 

 

 

Institutional Buying of SFR

Update on SFR rental
Posted by John McClelland on December 26, 2012 in  uncategorized
We first described the single family rental business as an opportunity back in late 2009, when homes could be acquired at trustee sales with enough velocity to make sense. In our 2011 annual report, we also described how the business could make sense. Since that time, many more buyers have become active in the Las Vegas market, many of which are backed by private equity. Further, these firms are likely to achieve some economies of scale and are taking a mixed approach to the underwriting with a view towards cash fl... read more

CBOE RPX

A Method to Hedge Home Prices or Gain Exposure on the Upside
Posted by John McClelland on September 14, 2012 in  uncategorized
The CBOE has a futures contract based on Radarlogic's RPX indices. This product is starting to gain interest as one investor bought 26,490 contracts. From John Angelos at the CBOE: http://communities.cboe.com/t5/What-s-On-Our-Minds/An-Overveiw-on-RPX-a-Residential-Real-Estate-Home-Price-Futures/ba-p/3199?goback=%2Egde_1128757_member_135864601    ... read more

Should Start-ups Come to Las Vegas

There are several good reasons. More from Tony Hsieh
Posted by John McClelland on September 14, 2012 in  Downtown Las Vegas

http://pandodaily.com/2012/09/13/should-startups-should-move-to-las-vegas/?utm_source=dlvr.it&utm_medium=twitter

 

 

Norway’s Real Estate Agents Join Calls for Higher Rates

Trying to prevent a property bubble from bursting
Posted by John McClelland on September 04, 2012 in  uncategorized
This is an interesting article from Bloomberg. Home prices have been on a tear in Norway and many do not want to see a replication of other bubble markets like Japan, U.S, Ireland and Spain.   http://www.businessweek.com/news/2012-09-03/norway-s-real-estate-agents-join-calls-for-higher-rates   However, the caveat is how one can produce a "soft landing." Most of the time bubble are not deflated little by little, but with a crash.... read more

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