SOURCE: Econohomes

Econohomes

August 25, 2011 11:37 ET

Econohomes Offers Bilingual Real Estate Services to Help Hispanic Home Buyers and Investors

Latinos Can More Easily Buy Distressed Properties Online With Econohomes

AUSTIN, TX--(Marketwire - Aug 25, 2011) - Econohomes, the leading online source for wholesale investment properties, now offers bilingual services and Spanish-language online information to help the Hispanic community buy more real estate as first-time homeowners and real estate investors.

As the second largest consumer segment in the nation, Latinos are a key catalyst of economic growth and have the potential to revive the housing industry. According to a recent NAHREP report, most industry experts predict that by 2020, 80 percent of all new homebuyers will be minority or immigrants, with Hispanics being the largest share.

Econohomes has tailored its services to help this burgeoning Hispanic community reach their real estate home ownership and investment goals. Econohomes takes people step by step through the home buying process with support from dedicated bilingual real estate experts and easy-to-use Spanish-language online information focused on buying REOs.

"Econohomes is focused on turning distressed foreclosure properties back into homes," says Jeff Ball, Econohomes President and Chief Executive Officer. "Because Latinos took on less debt during the housing run-up, they are uniquely positioned to buy at great prices during this severe market correction."

The Latino community can now more easily tap into buying distressed real estate online with Econohomes support. With Econohomes' extensive online inventory of more than 1000 unimproved and renovated affordable properties, and specially-designed financing programs, the Hispanic community can use its buying power to build long-term equity with these distressed real estate opportunities.

Access Econohomes expansive property inventory at http://www.econohomes.com/properties.

About Econohomes
Econohomes unlocks the enormous potential of distressed properties for buyers, sellers, and communities. With hundreds of properties offered in more than 40 states and a proven track record of acquiring thousands of properties since 2005, Econohomes is the alternative pipeline for distressed properties. Econohomes buys residential properties in volume at discounted prices from mortgage lenders and servicers, and almost instantly makes these properties available online to buyers at affordable prices. Econohomes is the leading online source for wholesale investment properties.

Contact Information

  • Contact:
    Amy Hasbrouck
    Vice President, Marketing
    Phone: 512-696-1997 x 500
    Email Contact