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donaldduckmoore
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ParticipantI think the owner is rich. The house was unoccupied since it was on sale a year ago, and it is still unoccupied today. It they really have good equity, then selling it earlier at a more reasonable but relatively higher price a year ago would save them a lot of money and time. Not my mentality.
ParticipantI think the owner is rich. The house was unoccupied since it was on sale a year ago, and it is still unoccupied today. It they really have good equity, then selling it earlier at a more reasonable but relatively higher price a year ago would save them a lot of money and time. Not my mentality.
ParticipantI think the owner is rich. The house was unoccupied since it was on sale a year ago, and it is still unoccupied today. It they really have good equity, then selling it earlier at a more reasonable but relatively higher price a year ago would save them a lot of money and time. Not my mentality.
ParticipantI think the owner is rich. The house was unoccupied since it was on sale a year ago, and it is still unoccupied today. It they really have good equity, then selling it earlier at a more reasonable but relatively higher price a year ago would save them a lot of money and time. Not my mentality.
ParticipantI think the owner is rich. The house was unoccupied since it was on sale a year ago, and it is still unoccupied today. It they really have good equity, then selling it earlier at a more reasonable but relatively higher price a year ago would save them a lot of money and time. Not my mentality.
January 18, 2008 at 2:09 PM in reply to: According to Realfacts : Rents are down and occupancies too #138230ParticipantThe more the people who walk out their homes, the more renters are there in the market. Thus the pool of renter will get bigger. At the same time, houses that were originally put to rental market by desperate owners will become hooked on the foreclosure procedure that will take a long time before they can be used as rental units. Thus the size of the rental market will be sort of steady. In the short term, rent will increase in SD if more homeowners that are under. That is my guess.
Surveyour: Indeed banks do recycle their non-functioning assets to rental units when they are desperate.
January 18, 2008 at 2:09 PM in reply to: According to Realfacts : Rents are down and occupancies too #138441ParticipantThe more the people who walk out their homes, the more renters are there in the market. Thus the pool of renter will get bigger. At the same time, houses that were originally put to rental market by desperate owners will become hooked on the foreclosure procedure that will take a long time before they can be used as rental units. Thus the size of the rental market will be sort of steady. In the short term, rent will increase in SD if more homeowners that are under. That is my guess.
Surveyour: Indeed banks do recycle their non-functioning assets to rental units when they are desperate.
January 18, 2008 at 2:09 PM in reply to: According to Realfacts : Rents are down and occupancies too #138467ParticipantThe more the people who walk out their homes, the more renters are there in the market. Thus the pool of renter will get bigger. At the same time, houses that were originally put to rental market by desperate owners will become hooked on the foreclosure procedure that will take a long time before they can be used as rental units. Thus the size of the rental market will be sort of steady. In the short term, rent will increase in SD if more homeowners that are under. That is my guess.
Surveyour: Indeed banks do recycle their non-functioning assets to rental units when they are desperate.
January 18, 2008 at 2:09 PM in reply to: According to Realfacts : Rents are down and occupancies too #138489ParticipantThe more the people who walk out their homes, the more renters are there in the market. Thus the pool of renter will get bigger. At the same time, houses that were originally put to rental market by desperate owners will become hooked on the foreclosure procedure that will take a long time before they can be used as rental units. Thus the size of the rental market will be sort of steady. In the short term, rent will increase in SD if more homeowners that are under. That is my guess.
Surveyour: Indeed banks do recycle their non-functioning assets to rental units when they are desperate.
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