With Foreclosures Down, Will Homebuyer Confidence Follow?

Posted by Chris Clothier on Sun, Feb 21, 2016

The real estate market landscape has been changing dramatically in the near-decade since the biggest recession in recent history. You’d be hard-pressed to find someone who wasn’t affected by the crash of the housing market in those years.

Even if they weren’t directly affected, they knew someone who was. They had foreclosure signs in their neighborhoods, they knew who was underwater on their mortgages. They had neighbors and friends and family who were affected.

While the nation licked their collection wounds, homebuying confidence was obviously not stellar. People were afraid, and understandably so.

For years after the peak of the recession, foreclosures were still far too common, continuing to discourage homebuyers from taking the leap, thus further slowing recovery.

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Topics: foreclosures

Are Institutional Buyers Driving Real Estate Markets

Posted by Chris Clothier on Fri, Nov 15, 2013

This is a question we get asked on a weekly basis and I suspect most of the questions are coming up because of mis-information being put out by opportunists.  People who are selling get-rick quick ideas or promoting a shiny new idea or product as a quick-fix for new real estate investors.  When most of the questions are coming from a place of fear, you can almost always bet that bad information is the cause of the question.  For real estate investing, my answer is to ask a different question!

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Topics: Memphis real estate, invest in real estate, foreclosures, real estate hedge funds, institutional real estate

Reduction in Available Housing a Memphis, TN Real Estate Trend

Posted by Chris Clothier on Tue, Apr 2, 2013

A clear trend in Memphis real estate has become apparent in the last few years. Due to a combination of factors, the inventory of available housing has been on a sharp decline. According to figures from a recent article in The Commercial Appeal, the inventory of houses for sale has decreased from 13,300 in January of 2008 to fewer than 6,000 in January of 2013.

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Topics: Memphis real estate, foreclosures, investing in real estate