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Working with short sales in Visalia California

Living and working and selling real estate in the middle of California is getting better every day! We all see and hear the news from elsewhere. Today I was talking with my son ... who lives on Maui ... and he was telling me the dire condition of the economy, especially the real estate market. Well, here in the middle of California, and particularly in Tulare County, the foreclosure numbers were down last month. And even better, the short sale transactions are actually closing escrow quicker than just a few months ago. The banks, investors and other lenders are becoming educated to what it takes to actually reduce their foreclosure numbers. It is the best time to buy real estate. Maybe not the best time to sell, but absolutely the best time to buy is now. If anyone wants to buy a home in the middle of California at a great price should start looking here. Stop listening to the news media. If you want to know what the market conditions for a specific area really are, you should talk to a Realtor who lives, works and sells in the area you want to buy.

Posted Monday Aug 18

What everyone should learn is tht real estate is local...very local...and the media...is not.

Good to hear that California, at least a part of it is getting through it.  I always hear how BAD it is in California.


Houston remains a bright spot in the real estate world, but we never had the huge price INCREASES over the last 4 years either!

Susan


Excellent news about your local market, if be nice if the newspapers tell the consumers. It looks like your market has turned the corner .


Good luck and success


Lou Ludwig

( 08/18/08 10:27PM ) — Rob Wagoner

It is great to see and hear someone with some positive news. Thanks so much.

( 08/18/08 10:47PM ) — Debbie Small, REALTOR®

Good news is always Good...happy to hear that your market is improving.

( 08/19/08 05:13PM ) — Susan Renteria

In most cases, the northern and southern areas of California saw much higher gains than we did here in the middle.  In fact, those tremendous and quick accelerations of property values is what trickled up and down to us here in the middle.  And as I have heard my entire life "what goes up must come down."  But what I have experienced is that once it does come down, it may circle the drain for a time, but then it will start to go back up.  And, since we were almost the last in California to experience the great acceleration, perhaps we will be among the first to experience the level when it starts to turn upward.  Even if we circle the bottom for awhile, we will still be selling homes and buyers will still be getting a great investment.  This is very good news for those of us who plan on being a Realtor no matter what the media says.  They have their job security by reporting negative news and Realtors have their job security regardless of whether it is a buyer or seller's market. 

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