Subscribe To Our Newsletter
Subscribe to our email newsletter today to receive updates on the latest news, tutorials and special offers!
Thanks for signing up. You must confirm your email address before we can send you. Please check your email and follow the instructions.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.
×
×
WordPress Popup
Subscribe To Our Newsletter
Subscribe to our email newsletter today to receive updates on the latest news, tutorials and special offers!
Thanks for signing up. You must confirm your email address before we can send you. Please check your email and follow the instructions.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.
×
×
WordPress Popup
Sales Going Up While Mortgage Apps Going Down? | The Snyder Group

Sales Going Up While Mortgage Apps Going Down?

 

 

About a year ago, our CEO, Alex Charfen was invited to appear on a cable news show. He was asked for an explanation as to why home sales were going up, but mortgage applications were going down. His response was… investors. This answer was quickly dismissed by the host of the show, but it’s turning out Alex is right. Real estate investor activity is absolutely surging!

As we’ve stated before, real estate investor activity rose from 17% to 27% from 2010 to 2011. And consider this: The Detroit News recently published a story of a foreclosure auction in which there were 403 residential units, 235 vacant land units, and 7 commercial units up for sale. One person paid $4.8 million for ALL the properties.

The secret is out. Real estate investing is on the rise, and high net-worth investors are pouring into the market.

 

 

 

 

Leave a reply

Unable to load the Are You a Human PlayThru™. Please contact the site owner to report the problem.

Want more info?

Click the button that best describes what you want to do.

Buy a Home or Sell a Property