STHC ✪ Home Prices on the Rise Increase Profitability!


Subject: STHC ✪ Home Prices on the Rise Increase Profitability!

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Southcorp Capital, Inc.
(Ticker: STHC)

Home Prices on the Rise Increase Profitability!

Southcorp focuses on the acquisition and renovation of single and mutli-family properties in the U.S with the intent of reselling the property after renovations have occurred.

Our real estate investments are expected to focus properties that are undervalued and in need of some repairs.

Current Inventory:

808 N. Franklin Street, Portland, Indiana
8841 N. Pearl Street, Bryant, Indiana
237 E. Delaware Street, Redkey, Indiana
602 Wagner Street, Fort Wayne, Indiana (SOLD)
356 Franklin Street, Berne, Indiana
8218 N 950W, Montpelier, Indiana
163 Behring Street, Berne, Indiana
7003 Balsam Lane, Fort Wayne, Indiana
“A dwindling inventory of
foreclosed properties has helped
restrict the supply of homes for sale, pushing up prices even as higher mortgage rates cool demand.”
Home Prices in 20 U.S. Cities Climb by Most in Seven Years
By Michelle Jamrisko Dec 31, 2013 9:20 AM ET

  

A dwindling inventory of foreclosed properties has helped restrict the supply of homes for sale, pushing up prices even as higher mortgage rate cool demand.

Home prices in 20 U.S. cities rose in October from a year ago by the most in more than seven years, signaling the real-estate rebound will keep bolstering household wealth in 2014.
The S&P/Case-Shiller index of property prices in 20 cities climbed 13.6 percent from October 2012, the biggest 12-month gain since February 2006, after a 13.3 percent increase in the year ended in September, a report from the group showed today in New York. The median projection of 22 economists surveyed by Bloomberg called for a 13.5 percent advance.
A dwindling inventory of foreclosed properties has helped restrict the supply of homes for sale, pushing up prices even as higher mortgage rates cool demand. The real-estate market will probably get its next boost from gains in employment that are lifting consumer confidence in the economic expansion.
“There’s certainly room for home prices to continue rising in the coming year,” said Dana Saporta, an economist at Credit Suisse in New York, who projected a 13.7 percent advance in prices in the year ended in October. “As home prices continue to rise, more and more homeowners who are underwater on their mortgages will see their financial situations improving. Just getting out of that underwater position should be a big help to the economy.”
Stock-index futures held earlier gains after the report. The contract on the Standard & Poor’s 500 Index maturing in March climbed 0.2 percent to 1,838.5 at 9:19 a.m. in New York.
Estimates in the Bloomberg survey ranged from year-over-year gains of 11 percent to 14 percent. The S&P/Case-Shiller index is based on a three-month average, which means the October figure was influenced by transactions in September and August.
“There’s certainly room for home prices to continue rising in the coming year,” said Dana Saporta, an economist at Credit Suisse in New York, who projected a 13.7 percent advance in prices in the year ended in October.”
SouthCorp Capital Announces the Acquisition of Rental Property

SANTA MONICA, Calif.–(BUSINESS WIRE)–
SouthCorp Capital, Inc. (STHC) announced today it has acquired an additional residential property in Indiana. The house is already rented and the Company expects an annual ROI of 8-10%.
Currently for every 10 properties we acquire 2 will be kept as rentals and 8 will be renovated and resold. Although the rental ROI is lower, the Company’s goal is to build a base on stable income as a foundation to support future growth.
As of August 18, 2014, the Company’s issued and outstanding share count has not changed and remains 249,057,315.
“The real-estate market will
 probably get its next boost from gains in employment that are lifting consumer confidence in the economic expansion.”

“Home prices in 20 U.S. cities rose in October from a year ago by the most in more than seven years, signaling the real-estate rebound will keep bolstering household wealth in 2014.”

This Indicates Bullish Days Ahead for Southcorp Capital! 
Southcorp Capital, Inc.
(Ticker: STHC)

Visit the company website at:
http://www.southcorpcapital.com/

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