Thursday, December 11, 2008

Foreclosures on the Rise.

Believe or not, as our economy faces one of the biggest real estate downfalls, there is more where that comes from. Unfortunately, in the next 3 or so years, there will be more job loss, more adjustable arms, more decreasing markets which means, more foreclosures.

Below is an article that we passed around the Ideal Homes office this morning:

"Since the housing bubble began to deflate in 2006, roughly 3 million homes have been lost to foreclosure. Over the next two years, another 3.6 million are expected to lose their homes, according to Moody’s Economy.com chief economist Mark Zandi.

And the pace of foreclosures is still climbing. More than 259,000 U.S. homes received at least one foreclosure-related notice in November, up 28 percent from the same month last year.

The impact is being felt unevenly across the country. Foreclosures are clustered in states that saw the biggest expansion in lending and home building...California, Colorado, Georgia, Michigan, New Jersey, Illinois and Ohio have also been hard hit."
http://www.msnbc.msn.com/id/28035238/

It's in times like these that you have to keep your head up. You have to keep your confidence strong and you have to surround yourself with PROBLEM SOLVERS, not problem generators.

That's what Ideal Homes is all about. We're about helping homeowners avoid foreclosure! We've been established with the sole purpose of presenting an alternative to a foreclosure through the short sale process. And we've SUCCESSFULLY been doing so for the past 5 years. We've negotiated millions of dollars of debt and as the market continues to eb and flow, we will rise to the top and we will bridge that gap for so many homeowners!
Don't be another number. Don't let your home be another statistic or another foreclosed property... CALL US TODAY at 720-457-2000

Also, if you are a realtor and you're in the business of listing homes and you've seen a decrease in traditional listings and an increase in short sale listings, do not be discouraged. We are able to offer every realtor huge benefits in this current market by teaming up and creating a win/win for everyone. If you are interested in how we can help turn your business from short sale listings into traditional listings plus KEEPING your listings and making a higher commission, please call us! Or visit our Realtor Website at www.SimplyShortSale.com

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