Tag Archives: Housing Foreclosures Puerto Rico

Turning foreclosures, distressed properties into fast cash

By: Alexander López / Caribbean Business January 26, 2012 Local market ripe for real-estate ‘flipping’ strategy touted by former reality-TV star Montelongo According to a recent report by Estudios Técnicos Inc., the Financial Institutions Commissioner’s Office estimates the number of foreclosed housing units in Puerto Rico at 3,000 last year, with some 16,000 units now in some phase [...]
Posted in Advisory Services, Market Analysis, Market Information, Puerto Rico Residential Real Estate | Also tagged , | Leave a comment

Foreclosed property vs. new construction

By: Alexandra Lopez / Caribbean Business May 5,2011 There has never been a better time to buy a property than now. There have been thousands of foreclosures over the past few years in all property types, from condominiums to walk-ups to single-family detached homes in every price range.
Posted in Advisory Services, Market Information, Puerto Rico Residential Real Estate | Also tagged , | Leave a comment

Recession leads to dramatic increase in real-estate auctions

By: Alexander Lopez / Caribbean Business March 24, 2011 Buyers benefit from lower prices, while sellers (including the island’s banks) move their otherwise stuck properties; ‘We make it up in volume’
Posted in Advisory Services, Market Information, Property Acquisition | Also tagged , | 1 Comment
  • Information Matrix

  • Categories

  • Archives

  • RSS Commercial News

Listmax Design and development by MA Web Group Inc.