New Blog 2: Southern California Real Estate Management

Thursday, 8 November 2012

Southern California Real Estate Management

There was an interesting trend that emerged last month. 2012 has seen a reversal in the housing market yet this topic has been largely absent from all debates. The piece of data that was released addressed the still formidable foreclosure pipeline. Foreclosure starts saw a 260,000 increase from the previous month. It is expected that actual foreclosures are decreasing as the pipeline is being sold and as the economy recovers, this figure will slowly move down. Yet to see the foreclosure starts pipeline increase goes counter to everything we are hearing. What gives? There are a few reasons for this increase. We also need to explore the building side of the equation and how rents have been picking up in 2012. The flood of investors and Wall Street swarming into the rental market is a new experience. What are the trends for housing going into 2013?