If you are looking to get a great bargain on a home of your own or you want to add one or several rental properties to your portfolio it is a great time to invest!
Dallas Foreclosures
& REO’s
There is an historic amount of foreclosure and real estate owned (REO’s) inventory to choose from.Youcan always find a property to suit your needs and the popularity of buying foreclosed property is rising. The starting price of the foreclosed homes varies according to their location. If it is located in the heart of the city, the starting price is comparatively higher than that located at the outskirts. Also, the size and amenities of the property determines the price to a great extent.Compared to the actual market price, the foreclosed homes can be bought at 20% to 50% discount. This is a great money saver especially for people struggling to buy a new home or for an investor looking for a positive cash flow.
DFW Multifamily
Properties
The Dallas area’s increasing popularity as a place to start or relocate businesses keeps the need for multifamily housing (both existing and future) in demand.Recent studies are showing a growing trend of renters moving back closer to the city as work commute times get longer and longer.With employment growth continuing to increase and more and more families losing their homes to foreclosure, expected demand into 2009 will register near 10,000 units. Occupancies are expected to rise and the increase should accelerate rent growth as well. Overall, the DFW real estate market is showing signs of having a promising first-half of 2009 and should continue into the second half of 2009 as well. A professional, knowledgeable investment real estate firm such as VIP Realty Platinum will provide the expertise and experience you need to find the DFW real estate that best suits your investment needs. Call VIP Realty Platinum today to learn more.
