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Breaking News!!! Approximately 93% of Homeowners are just fine!!

Reblogger Lisa Hill

Real Estate Agent with Florida Property Experts

April 13, 2010 05:49 AM

This is interesting real estate information. This was posted by a real estate broker outside the Daytona Beach area, but the statistics are on a national scale. This is hopeful information!

(Re-blogged by Lisa Hill, Daytona Beach native and professional REALTOR®)

www.DaytonaBeachRealEstateSales.com

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Lisa Hill

Lisa Hill sells Daytona Beach real estate

READ THE INFORMATION BELOW, TO LEARN ABOUT THE LATEST NATIONAL HOMEOWNER'S STATISTICS.

That's right. By far, the overwhelming majority of Homeowners in this country are NOT losing their homes. They either own their properties free and clear or are making their payments on time.

It's hard for us to see this because we are in the business. If you are like me you live and breathe Real Estate. We talk to people all day long who are struggling and it's very easy for us to forget that most Homeowners are living in and enjoying their homes.

I've mentioned many times over the last couple of years how more than 85% of the real estate closings in Poinciana Florida are distressed sales. But what I don't mention is that there were only 1,654 sales for 2009 out of 20,700 properties. About 8%. So 92% of the folks in Poinciana stayed put. That's right in line with the National average.

From what I could find online there are approximately ****129,400,000 homes in the US. Depending on where you look only 7-10 mil of these are in some stage of default. That's roughly 7%.

Approximately 93% of the Homeowners in this country are doing OK. That makes me feel good. How about you?

****I spent about an hour this morning pulling stats and data and there really are no numbers that agree. So for the purpose of this post I just used averages. If you want more precise figures then feel free to do your own research.

Do NOT be foreclosed on! Avoid foreclosure. Short Sales DO close.

Want to find out more? www.CentralFloridaShortSales.com

***I am NOT an Attorney nor do I play one on TV. Click the button below for my Bio.

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Elite Home Sales Team

Elite Home Sales Team OC - Corona del Mar, CA

A Tenacious and Skilled Real Estate Team

I am in California and we are not ok here too many people out of work and too many distressed properties.

Apr 13, 2010 05:39 PM

Iris Shamas

ITS Realty - Scottsdale, AZ

Great post and I especially like the sideways pictures.

Apr 13, 2010 05:47 PM

Karen Anne Stone

New Home Hunters of Fort Worth and Tarrant County - Fort Worth, TX

Fort Worth Real Estate

Lisa: Thinks vary so much from area to area, and market to market. But still... the overwhelming number of homes and owners in this country are making their payments on time... and not in danger of default. Still... two or three years into this downturn in the market... the negative continues to be stressed and stressed.

Apr 13, 2010 06:09 PM

Gary L. Waters Broker Associate, Bucci Realty

Bucci Realty, Inc. - Melbourne, FL

Eighteen Years Experience in Brevard County

What are you doing Lisa? Trying to take from the negativity that is s pervasive? Shame on you for trying to point out the positive...you will never make it as a major media personality! I am kidding..good information!

Apr 14, 2010 12:11 AM

Ann Allen Hoover

RE/MAX Advantage South - Hoover, AL

CDPE SRES ASP e-PRO Realtor - Homes for Sale - AL

I saw this post too and it is encouraging news. We been lucky in Birmingham......our market has not suffered to the extent much of the country has seen.

Apr 14, 2010 07:17 AM

Bryant Tutas

Tutas Towne Realty, Inc and Garden Views Realty, LLC - Winter Garden, FL

Selling Florida one home at a time

Thanks for the reblog Lisa. I love it when that happens!

Apr 14, 2010 12:27 PM

JL Boney, III

Coldwell Banker - Columbia, SC

Columbia, SC Real Estate

That's certainly good news, but would never make the news. Not enough doom and gloom in talking about the people who are doing fine.

Apr 14, 2010 01:57 PM

Lou Ludwig

Ludwig & Associates - Boca Raton, FL

Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Lisa

Great post, people need to hear the good news.

Good luck and success.

Apr 14, 2010 01:59 PM

Jennifer Fivelsdal

JFIVE Home Realty LLC | 845-758-6842|162 Deer Run Rd Red Hook NY 12571 - Rhinebeck, NY

Mid Hudson Valley real estate connection

Lisa this is so true the majority of homeowners are find but I suppose this does not exciting news. Is is so hard to print good news?

Also congrats! on the milestone

Apr 14, 2010 04:52 PM

Florida Property Experts - Daytona Beach, FL

Daytona Beach Real Estate

Broker Bryant- You're welcome. I love it when it happens to me too ;-) Unfortunately, based on these comments, I don't know how many people realized it WAS a re-blog! =/

Apr 14, 2010 06:44 PM

Not a real person

San Diego, CA

And 90% of our workers are still employed! Yahooooooooooooooooooooooooooooo! So what's the problem? LOL

Apr 15, 2010 08:06 PM

Russel- Good point =/

Apr 16, 2010 06:27 PM

c m

Colorado Springs, CO

There is plenty of bad news to go around, and Chicken Little might be right, but in the meantime, could we just pretend to be happy with what we have? =o) Our portion of the country, while not in happy-happy-joy-joy land, is better than many, and I for one, am grateful for that! Thanks for the post!

Apr 19, 2010 04:41 PM

Cheryl- Agreed. Focusing on the negative just keeps us there. We'd all like for things to be better. But they could be a lot worse! And from what I can see, our area is showing signs of improvement. Sales are on the increase, and values seem to be leveling off. I'm not going to complain about that! =)

Apr 20, 2010 03:58 PM

Breaking News!!! Approximately 93% of Homeowners are just fine!!

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