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Increased Activity In The Market - Foreclosure Update

By
Real Estate Broker/Owner with Wyse Home Team Realty SL3192071

The past week has seen some interesting gains in the financial markets, as well as some optimistic viewpoints. I am encouraged by the recent increase increases in my business and would love to paint a picture of prosperous times ahead. My crystal ball tells me that while we are making strides, we still have some mountains to climb. I think we can all agree that I best serve my readership by providing an optimistic, yet balanced approach when advising my customers. Perhaps the best approach is to savor the fact that things are improving, while we to continue doing the things that have brought about this improvement.

 Depending on who you want to believe, national Foreclosure and Loan Modification Efforts are either ON TRACK , or MISLEADING . Perhaps they are both. One thing I am certain of is that a sustained negativity toward actions that have provide SOME results is counter-productive the BIG PICTURE goal of economic recovery. Rather, I would suggest that continued calls for accountability of such programs may provide for the eventual reaching of the stated goals of these programs.

I would suggest that OUR GLASS is approaching HALF FULL, and with initiatives pouring in, we are taking consistent steps on the way to a FULL GLASS. In related news, the final phase of the government effort to streamline the mortgage process through RESPA is scheduled for implementation on January 1, 2010.

First Time Home Buyers: Get Off The Fence! There are 19 shopping days left to find your new home and allow a safe amount of time to close the purchase by the November 30 deadline.

Comments (1)

Charles Stallions
Charles Stallions Real Estate Services - Pensacola, FL
850-476-4494 - Pensacola, Pace or Gulf Breeze, Fl.

I agree, a little of both but buyers are getting really good deals even in foreclosures and the damages are minimal.

Sep 18, 2009 12:38 PM