Houston August Housing StatsHighlights: Single-family home sales edged up a fractional 0.6 percent versus August 2014;Total property sales were flat year-over-year at 8,836 units;Total dollar volume increased 2.6 percent to $2.4 billion;At $282,233, the single-family home average price reached a record high for an August;At $215,100, the single-family home median price also achieved a record August high;Single-family homes months of inventory climbed to a 3.5-months supply;Single family home leases were up 4.5 percent while townhome/condominium leases rose 10.0 percent with average rents up year-over-year.

I closed exactly one of my OREO resales to a Naca buyer.... it was a long drawn out process and my experience with the Naca in Mississippi was they were highly discombobulated and a very high % of the folks never graduated from the program. your trying to take chronically bad credit risks and retrain them.And in MS if your going to sell in their program they expected a huge buy down of the rate. other wise they would not recommend us as a seller.. so our one buyer that actually closed I bought the rate down to 1.25%  the insurance payment was higher than the mortgage.. so for the buyer that actually got the home fantastic deal.. for seller I got an OREO off the books at close to retail exit.. as opposed to what happens in cash flow markets were a resale is generally to a cash flow investor for a fraction of retail value, its reality and unfortunate for the seller.In your market at that price point unless you think your selling this substantially above market I don't see the benefit to be a naca seller... but IL Naca may be much better run than the MS Naca

I now own 4 cash flowing rentals and some fractional equity in misc deals through realtyshares.I look forward to learning much more from the BP community and helping anyone I'm able to along the way.  

And how ever they set it up in the back room they have an advantage.. for instance in Oregon you cannot fractionalize a debt instrument for the purpose of a loan on 1 to 4 unit property.. so this gives the CF a very nice advantage over brokers in Oregon having to match one bene up with a trustor.But welcome to the site and will look forward to learn a little more about your transactions.

There are also refinishing options that give you a great look at a fraction of the cost.Will the upgrade pay for itself in 24 months or less?

Hopefully if cash for keys is necessary it will be a mere fraction of what it cost here.Kudos,Mary

I don't currently own but I hear these podcasts of people in other parts of the U.S. buying units for a fraction of the cost that I could ever dream of finding in Orange county.

On the macro scale, understand - we live in a fractional reserve banking system, which is based on leverage.

It has probably the highest durability and lowest maintenance of other stones, at a fraction of the cost of natural quartz.  

Does anyone know where I could find or buy a list of fractional ownerships (timeshares) for the Ritz Carlton and The Sebastian in Vail, Colorado.