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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: dvdw© who wrote (94947)9/24/2012 8:22:28 PM
From: Riskmgmt1 Recommendation  Read Replies (2) | Respond to of 219755
 
That's very interesting and yes Az. Is coming back fast.
I am wondering who and what else might be benefiting from all that ND oil money? If it wasn't so far and so foreign to me I'd be looking at Real estate investments there myself, apparently there is a dearth of suitable housing for huge influx of workers.

Meantime, more action in Florida from the big boys.

Blackstone to buy $1 billion worth of Tampa Bay homes for rentals


A Wall Street behemoth plans to spend $1 billion on Tampa Bay's hobbled housing market, dispatching teams of brokers to scour neighborhoods and buy hundreds of homes a month.

But rather than resell the homes, the Blackstone Group is opting to become a landlord, renting the homes to tenants including foreclosed ex-homeowners burned by the housing crash.

Blackstone, one of the nation's largest private-equity firms, plans to buy as many as 15,000 homes in Tampa Bay over the next three years, many of them foreclosures, capitalizing on decimated home prices and growing rents.