Could We See Shrink Wrapped Homes Waiting To Be Sold?
When I think of shrink wrap I tend not to think of housing. That is a novel idea being floated by the Reno, Nevada company Fast Wrap. Wrap an unsold home in shrink wrap to protect it from the elements and preserve it till the market turns around.
Fast Wrap, a franchise operation based in Reno, Nev., describes its work as asset protection. Think shrink-wrapping on a massive scale. Now trying to get a foothold in South Florida, Fast Wrap claims to physically protect everything from furniture to cars to boats — and even houses and industrial buildings. It has 11 franchises, and recently opened one in Dania Beach, conveniently close to a slew of foreclosed homes in the tri-county area.
The last ones, in particular are proving to be a boon to Fast Wrap. The company applies a film (available in white and several other colors) that takes the shape of the property to which it’s applied. The company increasingly finds itself wrapping incomplete homes and larger developments to protect the properties from the elements and keep out the unwanted. via The Real Deal
Now I would not be too thrilled if one of my neighbors had their homes shrink wrapped, I can promise you. But if I was living in a zombie subdivision and these homes were degrading or being damaged by vandals I probably would not mind.
All I would ask is that they do not use the plastic cases that electronic equipment comes in to store these homes. They are a real pain to open and I would not want to see any builders hurt.
The question is when are they going to release them on the market. Las Vegas leads the nation in ...
I keep seeing mentions of Florida's market getting better in multiple blogs. I'm increasingly under the assumption that at least ...
I would like to know more about it. I need to know how you file for it. Please let me ...
Great blog, keep the great content coming! 
If you want to succeed, do not say "we can prevent this in the future." Live in reality. ...
The price of the property depends on its quality and the deal between the management. Good and wise choices are ...
I don't have experience at actualy working in tha automotive bussinnes, but have experience working in a warehouse invironment. ...
We are seeing a strong sellers market in those areas that were hardest hit with the downturn. One nearby city ...
Comment by M Realty on 16 July 2009:
Interesting idea. Though I think we are going to see more of that anyway since green prefabricated houses are probably where most things are going to go when the locally sourced materials are not available.
-Tyler
Comment by David Jonhston on 17 July 2009:
Seems to be an interesting idea. I assume we will get more to see like this.
Comment by Nitin Jain on 17 July 2009:
Awesome! But one can not ensure a peaceful and healthy life around this circumstances. We can have this life style as part of our life. But i wont be apt for the life cycle.
Mumbai Property, Real Estate in Mumbai.
Comment by Sean Flanagan on 17 July 2009:
Interesting idea…but what happens next?
Comment by Brandon Green on 17 July 2009:
A shrink-wrapped house probably would look even worse than just a regular old abandoned one.
Comment by Paul Trippett on 22 July 2009:
Can you imagine how hot it would get in that house without airflow, i would have thought it would do more damage than good.