The Info you NEED in Today's Real Estate Market
The 2008 Real Estate Market
What will business look like in 2008 and what will you be doing differently?
The market has changed, it looks at though Real Estate in many areas has shifted to a "Buyers Market." There are more foreclosures, short sales, and REO's than usual in many of our geographic areas. Are you prepared to deal with a shifted market? I know you are!
As buyers, sellers and investors stop by to get the 411 here, I know that answers will be what they are looking for. Time lines for foreclosures, when will the bank look at a short sale, do I have to miss a payment before they'll do a work-out or negotiate a new loan? What about financing? Do you have programs in place to get buyers into these homes?
This is what RE 411 is all about. A place to share ideas, find answers, and help those who need assistance with Real Estate. The Country is counting on us to help create ways to get them in and out of homes! What is your role? How can you help? The market is what it is, but we the people will be the guiding light in this estranged market and time.
Rates are good, homes are priced well, and buyers need financing. Seems all too simple, but there are many obstacles for us to still overcome. Thanks to many of you here, your expertise and experience, the Dream of Homeownership will continue to live on and thrive even in a changed Real Estate Market.~
Tags: 2008, Estate, Market, Real
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Foreclosure Timeline.pdf, 151 KB
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Replies to This Discussion
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Permalink Reply by Stephanie Edwards-Musa on
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Hey Brad, I like the twist that you have over here. I feel that our market has shifted a little, even though we had an amazing year in '07- I feel a slow down...not too bad though.
Great idea!
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Permalink Reply by Brad Andersohn on -
Hi Stephanie - Things will pick up soon, we all have to adjust to the same market we adjusted to over the past 5-7 years. I know many parts of the Country are feeling it, some more, some less. I wish you all the success that 2008 has to offer, and really look forward to your contributions and successes here at RE 411! Thanks for commenting, feel free to create some discussions, some forums, some groups, and posts! There are many ways for you to get value and give value to this network. :-)
BTW - uploading files here is a feature that no other network offers. A sample is the Foreclosure time line I added to this forum. They can be added to the comments as well. Here's an example in this comment! - Attachments:
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21ThingsToDo.pdf, 53 KB
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Hey Brad, I noticed how we can upload documents-That's fantastic!!!
Houston should end up doing ok in '08. After all, with oil and gas being so high right now, it can only bring more jobs here. :)
Thanks again and Happy New Year!
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