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Cyndee Haydon 727-710-8035 Clearwater Beach Short Sales | Condos & Homes (Charles Rutenberg Realty) is referring you to ActiveRain. They will be credited if you signup.

Rexpired listings real estate newseal estate market is coming back. That's the conclusion of today's AP article. 

The U.S. housing market has started to recover from the most far-reaching crisis since the Great Depression, data released Thursday show. Sales of previously occupied homes rose for the third month in a row in June.

Summer's here. Buyers are out. And homes are selling again. So for a while the market may come into a nice balance. Properties moving, buyers buying, sellers selling. But then, as it always does, it will swing towards multiple offers, shortage of good listings, and bidding wars. And then back....

Just another cycle. But here is some more good news...

The share of foreclosures on the market is shrinking. About one out of three homes sold in June was foreclosure-related, down from nearly half earlier this year.

Not as many homeowners in trouble. That's always good.

So, it all means NOW is the time to build up a inventory of good listings. Start going after FSBOs, expireds, even get in touch with your past clients. Price them well and get ready for a good time (all the way to the bank).

How is the market in your neck of the woods?

Borino

expired listings

 
Post is included in group: Expired Listings For Fun and Profit
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6 Comments on Some good news

JUL
23
2009

This is good news. I am looking forward to inspecting homes that aren't destroyed and have been maintained.  Thanks for sharing.
12:42pm • #1

I love the positive outlook. We need  lot of it and this could be just the start.
1:01pm • #2
587,597 Points 2 Featured Posts Attended Rain Camp Called Shot Master

Hi Borino, we started seeing an increase in showings in the middle of February.  It hasn't slowed down yet...
6:57pm • #3
JUL
28
2009
Outside Blog Attended Rain Camp

     Borino, my biggest problem is istill n actually getting in contact with the Expired home owner. Yes, I already use RedX. Most have DNC numbers or there are no numbers.  I am lucky if there are 2-3 new calls I can make a week! In my area, about 80-85% of my mailings are returned as well. I have used postcards and personal notes. I have left info at the door.

     These used to be a great resource for me. I understand that many may be "upside-down", but it is still quite difficult. And I am frustrated that RedX does not work on weekends and holidays or have an easy way to back date searches. I just spent 3 business days last week in the hospital and could not get info on the weekend. Essentially I lost a week! Bummer!

5:58pm • #4
1 Featured Post

Thank you all for your comments!

I know what you mean, Jerry. I've seen homes and wondered if people actually lived in them! Crazy.

Good news Evelyn. Glad things are looking good in Elkhart.

That's a valid issue, Pat. First I wanted to address it here in the comments, but it's grown into a new blog entry. I'll post it in a couple of days.

Borino

www.ExpiredPlus.com
6:10pm • #5
AUG
04
2009
146,833 Points 1 Featured Post

Yeah positive news....finally!
8:01pm • #6

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Borino - The Real Estate Coach

Los Angeles, CA

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Address: 703 Pier Ave, 171, Hermosa Beach, CA, 90254

Office Phone: (800) 573-8492

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How to convert expired listings into leads, listings, and commissions... while having fun in the real esate business.


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