The opportunity to buy homes relatively cheaply in many areas of Chicago is gaining attention from flippers, who buy homes, fix them up and sell them at higher prices, said Eric Workman, senior vice president of Renovo Financial, a Chicago-based real estate firm.
Date: Jul 26, 2016
Category: Business
Source: Google
Foreclosures Jump as Banks Bet on Rising U.S. Home Prices
Banks are more willing to move to the final stage offoreclosure because there is sufficient demand and prices areimproving, said Eric Workman of Tinley Park, Illinois-based MackCos., which aggregates single-family rental homes and resellsthem to individuals and institutional investors. U.S. home