The market is going to be hit with another wave, hold on to your pants!

By
Real Estate Agent with Kensington Realty Group, Inc.

It wont be as bad as last time.  Everyone is alittle better at handling bank owned properties these days, including the banks.  Short Sales and REO's are going to be the major players for the next year or two.  Prices have stabelized a great so I do not foresee this as troubling, it is just a fact of life.

Posted by

Michael Kirch

Broker

Kensington Realty Group, Inc.

DRE #01227726

Comments (3)

Charles Stallions Real Estate Services
Charles Stallions Real Estate Services Inc - Gulf Breeze, FL
Buyers Agent 800-309-3414 Pace and Gulf Breeze,Fl.

Just maybe, but here we look for five more years and yes we are prepared.

Jan 28, 2010 01:46 PM
Paul Durry
Collateral Solutions Inc - Lawton, OK
Former Broker Associate, CDPE, CIAS, CHMS

I will be waiting... I think that Short Sales will lead, and you are not familiar with the procedures a lot of business is going to storm by.

Jan 30, 2010 07:31 AM
Heather the Realtor Orlando, Lake Mary
LemonTree Realty - Orlando, FL
First Time Home Buyers, Bank Owned Homes

It's slowly stsarting to come down the pipeline each week I notice more listings. We have at least 3 years to go which Im in it for hte long haul Hopefully with the new FHA rules everything will still be ok.

Feb 02, 2010 12:38 PM