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Tight Housing Market: Bad News for Buyers


While the general economy seems to be humming along quite nicely, economists warn of impending troubles in the housing market.

In a recent article at CNBC.com, statistics indicate that the nation's housing market is unhealthy and increasingly mismatched with today's buyers.

The decrease in home sales is largely attributed to the fact the prospective buyers aren’t buying become home prices have skyrocketed over the past year.

The supply of homes at the lower end is also tight because, during the housing crash, investors bought hundreds of thousands of foreclosed properties and turned them into rentals. According to the U.S. Census, there are currently 8 million more renter-occupied homes than there were in 2007.

For the full article, please see this: HERE

Consider investing in a professionally managed portfolio of single-family homes? Please contact Harold Willig at harold.willig@springviewinvestments.com or 917-209-4452.

Harold Willig is the Manager of SpringView Investment Management, LLC, which he founded in 2012. Mr. Willig also served as HFZ Capital Group’s Chief Financial Officer, and was responsible for the oversight of HFZ's Finance and Accounting team. He has over 16 years of finance and accounting experience.

Mr. Willig also ran a consulting practice and provided valuation, analysis, and transactional support services to multi-billion-dollar real estate companies. Previously, Mr. Willig served as the Senior Controller and Vice President of Financial Analysis and then the Chief Financial Officer of the Athena Group, a multifamily development company and fund manager.

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