PHBR News:
FSPP
News:
November 27 - Freshstart Properties Provides a Corporate Update
Freshstart Properties, Inc. (OTC: FSPP) reports that, while the rest of the nation's real estate market is experiencing a correction from the sub-prime fallout, the Pacific Northwest market has actually made positive gains, according to the national press. This trend is expected to continue as the decline in new-housing starts, currently 7%, puts upward pressure on housing prices.
Also fueling the market's growth are the estimated 52,000 new jobs coming to the Puget Sound area over the next year.
The company is nicely positioned to take advantage of the increase in values and rents by acquiring well-selected real estate in this growing market, as witnessed by its recent acquisitions.
November 5, 2007 – The company announced that it has finalized negotiations on a purchase of an apartment building, which is located at 627 North Anderson in Tacoma, WA.
November 6, 2007 – The Company announced another property acquisition. This property is a four-unit apartment building located at 632 North Anderson in Tacoma, WA.
November 13, 2007 – The Company announced a purchase of a rental property. This property is located at 702 East 66 Street in Tacoma, WA.
The Company's website at www.freshstartpropertiesinc.com has details of its entire property portfolio.
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