Home staging helps with US foreclosures

How bad is the US housing market at the moment? Foreclosures are so wide-spread at the moment that there’s now a business to be made in finding people to rent homes that have been foreclosed upon — just so they look lived in. Why? Because they sell quicker, at higher prices.

Renters, known as “home managers”, have to provide their own furniture (which has to look nice), and they have to keep the place really, really tidy. The weirder bit about “Home Staging” is that the renters have to be prepared to clear out within 30 minutes to make room for a showing. In return, they get low rent.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s