Forecast for the market September 2009

Market at a glance active inventory 1,500 pending home sales 500 distressed home sales (short and reo) 285/57% Rules of supply and demand  (you already feel this but may not know it!) anything over 7 months supply usually a buyers market anything between 5-7 months supply usually stable market anything under 5 months supply usually [...]

November 2009

Hot Topics   Foreclosures According to RealtyTrac, 1 out of every 240 homes for sale in Redding is in foreclosure.   Banks are more likely to work with a seller on a short sale than EVER before, and we know how to get them approved! (Refer us!)   Interest rates   Rates are still hovering [...]

Forclosures

Facing Foreclosure? … There May Be An Alternative! Don’t Let Time Run Out! BREAKING NEWS…On Wednesday, Feb. 17, 2009, details were released on the President’s Homeowner Affordability and Stability Plan. The $275 Billion plan is geared towards helping struggling homeowners with keeping their homes and reducing foreclosures, mainly through Government backed refinaces and loan modifications. [...]