foreclosures in virginia: LENN HAD AN EPIPHANY TODAY! AGENTS WHO KNOW THEIR MARKET WILL SELL REAL ESTATE. - 07/24/08 08:39 AM
LEARN FROM THE PAST AND BE QUICK TO CHANGE WITH THE CHANGES IN THE MARKET. RESEARCH YOUR MARKET, DETERMINE WHAT IS SELLING AND GO FOR IT!
Agents and brokers who have been around for a while know that the real estate market is in a constant state of flux, change, adjustment, trends, or ups and downs.
Inspired by an article by Scott Daniels, I researched the SOLD stats for foreclosures in my primary market area and found the following. GET READY FOR A SHOCK!!
Counties included in search: Fairfax and Prince William Counties in Virginia and Montgomery, Baltimore and Prince George's Counties … (16 comments)
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foreclosures in virginia: MASSIVE FORECLOSURES COMING? THE MARKET IS SPEAKING LOUD AND CLEAR. - 11/25/07 01:24 AM
LOOKING TO THE FUTURE OF THE HOUSING INDUSTRY - LISTEN TO THE MARKET.
Prices must come down. The problem with government intervention to avoid massive foreclosures is that it will probably take massive foreclosures to bring prices down. Many are bemoaning the impending foreclosures because they will:
Depress prices in the neighborhood Cause financial hardship on the home ownersFACT: The mortgage documents signed by home buyers clearly said and are usually paraphrased by the title attorney conducting settlements as "you pay, you stay".
FACT: Home prices for existing homes have remained high in many areas despite a dearth of home buyers.
FACT: Real estate … (127 comments)
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foreclosures in virginia: FORECLOSURES IN HERNDON VIRGINIA - SINGLE FAMILY HOMES BANK OWNED - 09/22/07 02:15 PM
ABOUT 27 DETACHED SINGLE FAMILY HOMES in HERNDON THAT HAVE BEEN FORECLOSED, ARE BANK OWNED AND ARE LISTED FOR SALE.Market report for properties that have been through the foreclosure process and are bank owned. The report below reflects existing detached single family homes in Herndon Virginia in Fairfax County available for sale. Non-contingent sales are the only offers accepted and all homes are sold "as is". Buyers may have a home inspection for their own information and banks may negotiate the price based on condition. There are about 300 detached single family homes listed for sale in Herndon, Virginia. Of this … (2 comments)
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foreclosures in virginia: FORECLOSURES IN MARYLAND, FORECLOSURES IN VIRGINIA - 07/30/07 04:45 PM
HEARD ON THE NEWS TODAY. FORECLOSURES ARE UP in the first quarter of 2007 by a dramatic number.United States home owners experienced about 1,260,000 foreclosures in 2006. There were 430,000 foreclosures in the 1st quarter of 2007. Some experts predict upwards of 2,000,000 or more foreclosures in 2007. CAUSES OF FORECLOSURES - SOME OLD AND SOME NEW CAUSESThe historical causes of foreclosures; job loss, death of a spouse, divorce, medical expenses and personal injury preventing employment and causing high medical bills, etc. are still there. The added cause is the inability of home owners to refinance ARM or Sub-Prime mortgages used … (26 comments)
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