Wednesday, December 22, 2010

Home values will decrease more in 2011

The Home values will decrease more in 2011 prior to striking a depression according to the recent study by a real estate research company. The research company trusts that growing inventory and reduced quality of foreclosed homes will make the home values decrease.

The Real Estate Owned or REO are homes that are going to need the buyer to spend money to make the homes livable. The homes that contain copper pipes are stripped out, crack in top, windows are absent. This is presently the environment of the REO in many homes.

It is judged that there will be no actual improvement will happen on next 4 years later the market become constant and unemployment turn down.

View Site stop foreclosure

1 comment:

Unknown said...

So what your saying is YOU HAVE THE CASH and are willing to grab a short sale Deal.
The Poverty Stricken can not get a break.I just hope you guys are going to be much more philanthropic in the future.
The Poverty stricken on stipends are effected when these in between house dwellers take up SRO space and th supply and demand for SROs is at an all time HIGH.
That is a SYMPTOM of the Inflation and deflation cycles.
I would be looking for the deals if I had the cash again to refurbish
and FLIP IT
It's a Dog eat Dogma world
DogEatDogma.blogspot.com