Today the BBJ reported that foreclosures are down for the 1Q of 2012. However, investors need not worry, because they are also reporting the expected pent up inventory of foreclosed homes to be released for public sale. The BBJ cites Brandon Moore the CEO of RealtyTrac as saying there are “hairline cracks in the dam.” To read the full Birmingham Business Journal article and to see how that will affect your rental home in Birmingham AL click the link below: http://www.bizjournals.com/birmingham/news/2012/04/12/Alabama-foreclosures-fall-sharply-in-Q1.html?ana=e_du_pub&s=article_du&ed=2012-04-12
Matthew is the CEO of Evernest. He is a student of the book Good to Great and is passionate about building the best property management company on the planet (and maybe even the universe if Elon Musk will hurry up). You can usually find Matthew at the baseball field with his son, at a dance recital with his daughter, or at his favorite restaurant with his wife, when he’s not in the office. And if you can’t find him in any of those places, it probably means he’s traveling.