Properties for Sale by Owner Get Tough Competition from Rentals
Mortgage Fraud News From MortgageFraud.org
Sellers of for sale by owner properties might find it harder to unload their houses as a big number of potential homebuyers in Denver, Colorado chose to rent properties instead. Vacancy rates among rental houses and condominium units declined in the fourth quarter of last year in the metro area.
Source: Foreclosure Connections Blog Articles And Foreclosure InformationThis is so true. People are choosing to rent instead because they're not getting the kind of money they are looking for when they choose to sell, I don't blame them really. They just need to wait a little longer until the economy picks up again.
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