It looks like the real estate industry is sending more conflicting messages. While home sales were up, we also hit record highs for the number of home owners that owe more than their house is worth. I still believe that prices will hit bottom nationally in 2011 but some areas will recover more quickly than others...especially those that got hit hard early. Check out this WSJ article for more details
I have been concentrating most of my effort in short sales and find that the number of clients looking my help is increasing with each passing month. I think this will be a side of the business that will continue to grow. If any of you have clients in California that are in need of a short sale, please refer them to me. My referral offer is generous and we handle all of the bank negotiations. Our average client has a cash offer on the property in less than 7 days. Bank negotiations are handled differently depnding upon the speed with which our client wishes to leave the property. We tailor our time frames to fit the clients needs.
If you need a short sale expert call me at 310.770.6418 if you would like to discuss.
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