The New Year

Hello everyone, I wanted to take a little time to wish everyone happy holidays and a prosperous New Year. This will probably be my last blog entry before the new year but you can always follow me on Twitter or visit my website at www.torresramey.com or on Facebook. It is my sincere wish that all of you get a chance to spend time with your loved ones and remember what the holidays are all about. Here in beautiful Mesquite, Nevada we have snow on the surrounding mountains and cooler temperatures which tends to put our citizens in an even better mood that they usually are. My family and I feel truly blessed for being able to live and work in a place that we enjoy so much. I hope all of you who have never been here, get to visit one day its an amazing place.

As far as the real estate business goes, sales appear to be picking up but we are watching the markets and especially the government everyday. The rules for doing short sales is rumored to be changing, (we hope for the better) and it appears that the government is trying to make the banks cooperate more with homeowners regarding the "Making Home Affordable Plan". To give you an example of what is selling in our market, the majority of the homes for sale are NOT foreclosures! However, the majority of the homes that are selling ARE foreclosures. Obviously it's about the price and most sellers can not compete with the bank owned properties. So we are getting through them as fast as we can but it is a slow process, why? Simply because the banks hire asset managers who are both overwhelmed and not cooperative. The banks by far are the reason the housing recovery is taking longer. We work with them on a daily basis and you would not believe some of the counter-productive things that they do. Hopefully that will change, and soon so that we can get back on track to the recovery we all want to see.

Well that's it for now, I hope all of your dreams and wishes come true for 2010 and remember as a fellow real estate agent once told me "what ever you think about, you bring about". Thanks Steve, that's good advice.

Torres Ramey

702-371-2785

550 W. Pioneer Blvd. Ste. 100

Mesquite, NV 89027