News reports continue to show increases in single family real estate sales across much of the country. These sales are occurring due in large part to very deeply reduced prices by sellers, short sales or bank owned property being sold at a fraction of previous sale prices.
At the same time, we continue to see climbing delinquencies and foreclosures now spreading beyond the 5-6 critical states where they originated.
What does this mixed information tell us. In my opinion, it suggests the beginning of a very long correction that will continue to see a consistent pattern of purchases and a continued high degree of delinquencies.
The good news is that you can once again sell your property, the other news is ...for what price?
To achieve the highest price the market will offer on a given date and sell your property using the most advanced marketing techniques to attract multiple buyers, choose the auction method. You will sell and your property can be exposed to literally thousands of potential buyers prior to sale date to obtain the highest price possible.
To learn more about how a well planned auction can work to your advantage, please visit www.Auction-Generation.com or contact Troy Fowler at 305-206-0349
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Transition periods are always all about "mixed messages". Can be up and down trends within a transition period, too. Like walking on pavers over a muskeg...not solid ground, yet, and no one wants to step into the quicksand.