Vulture real estate investors swoop in
Stockmasters Staff (July 2nd, 2008) Writes:
Good article on CNN Money today about the Real Estate market, check it out:
Let the bargain hunting begin. Prices may still be falling, but they're low enough for some investors to buy, sell, and pocket a tidy profit.
NEW YORK (CNNMoney.com) -- Rock-bottom home prices have finally begun to lure vulture real estate investors into the fray.
Sharon Restrepo, a broker in South Florida, where home prices have dropped nearly 27% over the past 12 months, recently bought a three-family home in Cape Coral from a very motivated seller for a mere $65,000. It listed for $195,000.
She can rent ...
Let the bargain hunting begin. Prices may still be falling, but they're low enough for some investors to buy, sell, and pocket a tidy profit.
NEW YORK (CNNMoney.com) -- Rock-bottom home prices have finally begun to lure vulture real estate investors into the fray.
Sharon Restrepo, a broker in South Florida, where home prices have dropped nearly 27% over the past 12 months, recently bought a three-family home in Cape Coral from a very motivated seller for a mere $65,000. It listed for $195,000.
She can rent ...
Tags for this Post:
Bargain, Buy Sell, Cnn, Cnn Money, Current Market News, Hunting, Real Estate, Real Estate Investors, Real Estate Market, Stocks to Watch, Swoop, Tidy Profit
Bargain, Buy Sell, Cnn, Cnn Money, Current Market News, Hunting, Real Estate, Real Estate Investors, Real Estate Market, Stocks to Watch, Swoop, Tidy Profit


![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/silver/t24_ag_en_usoz_2.gif)
top in oil:
Stable dollar could reverse oil run
It looks increasingly likely the Fed is through cutting rates - and that argues for a strengthening greenback and an end to surging oil prices.
Oil's relentless rise has been a major concern for 
