Large housing inventories to be sold at deep discounts in 2011: DBRS

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Southern California is seeing a large increase of inventory. And some of this inventory is coming in the form of new condos and homes.. The rise in housing inventory.. The longer they hold the house, the greater the Prop 13 savings, the more profitable to rent than to sell at a discount.

Large housing inventories to be sold at deep discounts in 2011: dbrs multifamily starts and vacancy rates indicate strong market vacancy rates at 4.8 percent, up 50 bps over the year. Meanwhile, RealPage, which reported more seasonality in their data, showed a relatively strong second quarter vacancy rate at 4.6 percent, flat over the past year.

 · Inventory is the raw materials , work-in-process products and finished goods that are considered to be the portion of a business’s assets that are ready or will be ready for sale. Inventory.

2011 (53) December (4) November (5) october (5) september (5) August (4) July (4) June (6) May (4) April (4) march (4) February (3) Large housing inventories to be sold at deep disco.

In many popular areas such as Saugatuck, there’s a thinning inventory of waterfront property and cottages to pick from. That’s good for sellers and more expensive for buyers. The deep discount cottage.

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Distressed homes 3– foreclosures and short sales sold at deep discounts. September 2011. Foreclosures sold for an average discount of 21 percent below market value in August, while short sales.

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After appearing to stabilize at low levels in the first half of 2011, prices are dipping again. According to the NAR, distressed homes ââ¬" foreclosures and short sales, which sell at deep discounts.

A total of 4.26 million homes were sold in 2011, up 1.7 per cent from the prior year. “A sector of the economy that has been a large weight on growth has. and short sales which typically occur at.

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Treasury may accelerate TARP bank exits The U.S. Treasury Department is contemplating to sell off the stake it owns in 370 banks, more than three years after the launch of the Troubled Asset Relief Program (TARP). The move can potentially expedite the government’s exit from the financial system rescue, said a senior Obama administration official.