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Las Vegas Investment Group

24 Years Experience First-Time Homebuyers, Move-Up Buyers, Investors

By DAVID COOPER 1.888.616.6226 | Landlord in Las Vegas, NV

Investors are Rushing Into Real Estate Deals. 2013 Prices to go UP, Inventory Down


Droves of cheap foreclosed homes are drawing serious investor money. From mom-and-pop folks seeking retirement income to Wall Street-backed funds with hundreds of millions to spend, investors buy distressed homes to either fix and flip or, increasingly, to hold and rent out, mainly focusing on the most-affordable areas - those most devastated by the downturn.

"There is a tsunami of money coming into the market, billions of dollars to buy distressed single-family homes," said Jeff Lerman, a San Rafael real estate lawyer, speaking about the national landscape. "The window of opportunity is rapidly closing (as prices rise). Over the next 18 months, profit margins in single-family opportunistic buying will be compressed quite a bit."

But for now, many distressed homes - foreclosures and short sales - sell for about a third off their peak values, and often for less than it would cost to build a new home    http://tiny.cc/bwzpnw


Don't Miss FREE List of Houses Selling Below $99,000  http://www.lasvegaswinner.org

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      You Will Never See Prices Like This 
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  •  INCOME PRODUCING REAL ESTATE IS BEING PURCHASED BY INVESTORS AT RATES WE HAVE NEVER SEEN BEFORE. JOIN THE TREND 
 
David Cooper 702-499-7037  http://www.lasvegaswinner.org 

 
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