Detail Pulling Its Weigh at Last; The Housing Market   Oleh:  [s.n] Jenis: Article from Bulletin/Magazine Dalam koleksi: The Economist (http://search.proquest.com/) vol. 404 no. 8796 (Aug. 2012), page 29-30. Topik: Economic Recovery; Housing; Real Estate Ketersediaan Perpustakaan Pusat (Semanggi) Nomor Panggil: EE29.73 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada     Lihat Detail Induk Isi artikel Steve Schmitz surveys the street outside his newly bought four-bedroom house and enthuses over what he sees. Mr Schmitz, however, is no ordinary homeowner. The house is just one of more than 1,000 which his company, American Residential Properties, has acquired since 2008 in Phoenix, Las Vegas and California. ARP bought the house for roughly half its peak selling price of more than $300,000 in a "short sale": in essence, a sale forced on the owner to avoid foreclosure. After carpet cleaning and repainting it was quickly rented for $1,300 a month, about half what the original owner had been paying for a mortgage. Investors like Mr Schmitz are an important part of why America's long-suffering housing market may at last have turned the corner. Their purchases have helped shrink the glut of vacant, foreclosed homes. This is a welcome change. Housing is typically one of the most powerful engines in the early stages of recovery, with purchases of homes revving up spending on furniture, carpets and garden landscaping. Opini Anda Klik untuk menuliskan opini Anda tentang koleksi ini! Kembali

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