Monthly Archives: February 2012

FRIDAY FACTS February 24, 2012   Mom and Pop investors are taking advantage of low home prices and high rents.  In 2011, 26% of all single family homes and condos were purchased by investors, up from 21% the previous year. … Continue reading →

FRIDAY FACTS February 17, 2012   Massachusetts Home Buyer/Home Seller Survey for 2011 from the National Association of Realtors reveals the following:   The median age for home buyers is 42.  29% fell in the 25-34 range, 23% fell in … Continue reading →

FRIDAY FACTS February 10, 2012   DISASTER ON THE HORIZON.  Greg Rand of WABC, New York comments on the Federal Government’s new initiative to convert foreclosures into rentals.  “Shawn Donovan, head of HUD is a lifelong promoter of affordable housing, … Continue reading →

FRIDAY FACTS February 3, 2012   One of five Americans speak a language other than English.  The largest group – 35 million, speak Spanish.  The second largest is Chinese.   Freddie and Fannie generally cap seller concessions at 3%.  The … Continue reading →