Archive | May, 2012

Foreclosure Activity Declines

April 2012 Foreclosure Starts declined across our coverage area wiping out the small gains in new foreclosure filings last month. In California, Notice of Default filings are down 69.8 percent from the peak in March 2009, and 15.8 percent from April 2011. Notice of Trustee Sale Filings, the start of Arizona’s foreclosure process, are down […]

Continue Reading

Opportunity Ahead!

It’s interesting to witness a real estate recovery of sorts going on from the front row of things. As agents, we have the opportunity to not only see, but also get the feel of things from our clients, who really in an important way, represent a microcosm of the overall local market; on both ends […]

Continue Reading

Glass Half Full?

Confidence is a relative thing– especially when it comes to the economy. I found this article (see below) interesting for a number of reasons; the headline (seems) to say it all, “Confidence in Economy and Home Values Increasing.” Good news; right? Well, yes, but as you get into the article a bit, it becomes a […]

Continue Reading

On the Brink

Over the years I have worked with a number of clients who have faced the daunting decision of whether to stay in their home and suffer a tremendous financial burden; or, sell their home at a loss, and start over again. The latter would involve short selling their home; which in effect is defaulting on their […]

Continue Reading

Best to Invest?

A little housekeeping to start. The cost of money is at historic lows; home prices are (relatively) depressed; and vacancy rates for rental properties are in single digit percentages pretty much anywhere you look. Sound like a good time to become a real estate investor? Much of my investor client base is jumping on the opportunities that are out […]

Continue Reading