Investors Take Big Bite Out of Housing Market
OtherHedge funds and private equity firms are looking to cash in on real estate, “rushing in to buy up companies and assets in every part of the housing supply chain, including undeveloped land, homebuilders, foreclosed homes, and building parts manufacturers,” according to a recent CNNMoney article. “A lot of investors see a short window of opportunity where there’s good inventory on the market at bottom market prices,” says Brad Geisen, CEO of Foreclosure.com. “No one knows how long it will […]
