by elizabeth
Given the recent national press regarding an increase in home foreclosures across the nation, many are investigating the possibility of purchasing these homes at a discount to current market value.
Foreclosure properties generally fall into two broad categories: 1st conventional Bank Owned properties and 2nd properties being sold by government departments such as the Department of [...]
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by elizabeth
The calculation of real estate absorption rate (monthly inventory) is widespread and yet at times controversial. …Why? …Because one part of the (simple) formula requires a subjective input! That is; what will be the unit sales rate for a given market or market segment over the next few months?
Various practitioners will take the current month’s [...]
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