Archive for Investment News

Rental Rates and Market Analysis For Single Family Home Investors In Metro Phoenix

For those of you more interested in investing in single family home investing,  we just posted an in-depth spreadsheet of rental rates by city in Greater Phoenix.  This includes per square foot rates, total inventory, units leased and more.  Plus we added a bit of commentary about the current investment rental market.  You can see [...]

18.6 Million Vacant Homes.

The Census Bureau indicates 18.6 million homes sitting vacant nationwide
The second quarter was a new record for vacant home.  This includes foreclosed homes, rentals and homes undergoing improvements. 
Of that amount above 4 million are rentals.  The amount of vacant foreclosures increased but many are selling.  41% of the home sold in Maricopa County [...]

Getting ready for the Phoenix Light Rail.

The opening of the first section of the Greater Phoenix light rail is just around the corner, Dec. 27th 2008 to be exact.  Just a few years ago this areas was a wasteland of offices and and suburbanites who disappeared at the sun went down to their distant sleeper communities.  It’s quite different now.  The [...]

Investors with multiple residential properties will pay higher rates.

Investors who own more then 10 properties had difficulty obtaining financing secured by Freddie Mac and Fannie Mae which allowed for more favourable terms.
Starting August 1st a significant change is coming. 
Freddie Mac will no longer allow financing where a borrower owns more than 4 (four) financed properties.
If you own more then 4 financed properties this [...]