Are Foreclosures Up Or Down In The Last 2 Hours?
Agreed! What is going on and where do they come up with some of the information that's being reported?! You wonder where its being fed from!! Concentrating on doing our jobs and keeping our clients happy is the best thing we can do in the situation we are in. Its a shame we don't have that lovely crystal ball... until then... just as Dave said... keep on keeping on!
It seems like for every media report that asserts foreclosures are rising there is a report asserting that foreclosures are declining.
Can we have some insightful analysis. please?
The reports are usually very thin on facts and anaylsis of trends. Real estate professionals may notice that the reports omit vital influences such as impact of the $8,000 tax credit, seasonal issues, loan modification ups and downs and other temporary factors.
If you blink you'll miss the trend
It sometimes seems that publishers scour the statistics for some very narrow microtrend in time or geographical area so they can publish a scoop on how the market has changed.
The readers often are left scratching their heads wondering how they missed that trend.
And then there's the future...
Then comes the barrage of predictions; The worst is over, the worst is yet to come, things will change in the summer, things will change in third quarter next year, things will improve before the elections or after the elections.
In the meantime sellers, buyers and Realtors should just keep on keeping on. By saving homeowners from foreclosure we create the statistics for others to report.
Dave Halpern
Louisville Short Sale Expert Realtors
(502) 664-7827
Comments(3)