Real Estate Investment In Malibu Promises Higher Returns.

by ritasimpson on March 20, 2012

in Latest News

With the biggest names on Wall Street  lining up to become landlords to cash-strapped Americans by bidding on pools of foreclosed properties being sold by Fannie Mae.

Some prospective buyers are betting that the housing market will improve more quickly if big investors step in. “Some of these markets are very close to being stable, and this will accelerate that stabilization substantially,” said Mr. Ranieri, the pioneer of mortgage bonds who is considering bidding on some Fannie parcels with local partners.

The sale consists of 2,500 homes divided into eight regional pools, ranging from 572 properties in Atlanta to 99 in Chicago. The total current market value is $320 million, according to an offering document prepared by Credit Suisse, which is advising Fannie.

The deal with Fannie would require investors to rent the houses out and hold them off the market for several years.

One reason investors are thinking about buying large numbers of single-family homes and renting them out: It promises a relatively high return compared with other investments right now. Read more why and how the Big Boys are strategizing and how the US made profit on the mortgage debt .

In a special Real Estate market like Malibu, a hint of improvement elsewhere will create a race for the premium properties in the Malibu area.  The higher end homes here were hit last in this recession, and despite the slowness in the Luxury  Malibu Real Estate Market last year, we are experiencing a quick turnaround since the beginning of the year.

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