If lenders start renting out their REOs en masse, they would flood the rental market, lowering rents. Lower rents would then lower the “floor” determined by the “fundamentals”.
So, in the immediate short term, it may help real estate prices. But, in the “medium term” (2 – 3 years), prices will decline by the same amount. All it does is delaying the inevitable.
If lenders start renting out their REOs en masse, they would flood the rental market, lowering rents. Lower rents would then lower the “floor” determined by the “fundamentals”.
So, in the immediate short term, it may help real estate prices. But, in the “medium term” (2 – 3 years), prices will decline by the same amount. All it does is delaying the inevitable.
If lenders start renting out their REOs en masse, they would flood the rental market, lowering rents. Lower rents would then lower the “floor” determined by the “fundamentals”.
So, in the immediate short term, it may help real estate prices. But, in the “medium term” (2 – 3 years), prices will decline by the same amount. All it does is delaying the inevitable.
If lenders start renting out their REOs en masse, they would flood the rental market, lowering rents. Lower rents would then lower the “floor” determined by the “fundamentals”.
So, in the immediate short term, it may help real estate prices. But, in the “medium term” (2 – 3 years), prices will decline by the same amount. All it does is delaying the inevitable.
If lenders start renting out their REOs en masse, they would flood the rental market, lowering rents. Lower rents would then lower the “floor” determined by the “fundamentals”.
So, in the immediate short term, it may help real estate prices. But, in the “medium term” (2 – 3 years), prices will decline by the same amount. All it does is delaying the inevitable.
Sorry for the false alarm… no crow to eat yet… my client was a bit confused. The home is not leased nor is it for lease. I called the service company. It is vacant and will be put up for sale…They are still waiting for the BPO to be completed.
Sorry for the false alarm… no crow to eat yet… my client was a bit confused. The home is not leased nor is it for lease. I called the service company. It is vacant and will be put up for sale…They are still waiting for the BPO to be completed.
Sorry for the false alarm… no crow to eat yet… my client was a bit confused. The home is not leased nor is it for lease. I called the service company. It is vacant and will be put up for sale…They are still waiting for the BPO to be completed.
Sorry for the false alarm… no crow to eat yet… my client was a bit confused. The home is not leased nor is it for lease. I called the service company. It is vacant and will be put up for sale…They are still waiting for the BPO to be completed.
Sorry for the false alarm… no crow to eat yet… my client was a bit confused. The home is not leased nor is it for lease. I called the service company. It is vacant and will be put up for sale…They are still waiting for the BPO to be completed.
