HELLO EVERYONE! Exciting news from our office North Hills Realty has it's second edition in print!! The Pulse is an brand new newspaper with a direct mail circulation of 40,000 direct users (business & residential). We are offering amazing advertising offers to local businesses and feature all our listings in big beautiful color!!! Check it out on our website at NorthHillsRealty.com. Call me to get your property in this professionally printed publication today!! I'm here to help with all your real estate questions, (714)604-5128 - Carrie Miller, Realtor
WHEN: May 23, 2009
***FREE HOME BUYERS Classes*** In Spanish and English... Call 714-731-5900 for more information and your reservation. Space is limited, so register today! Searching for your perfect home..?
Some economists see a second wave of foreclosures coming. The onslaught will test the depths of buyer demand. According to DataQuick, banks took possession of roughly 7,000 houses and condos from July to January, but buyers have taken an equal amount off the market. That equates to 1,000 foreclosures selling per month.
As a result, the county's unsold foreclosure inventory has held steady around 3,300 homes. We have had more short-sales than REO or Bank owned homes on the market as of late, however if all the hipe is true it will once again be time to get into your 401K or retirement account and invest in the best thing going real estate. Face it - it may go down in price but it will always be an asset - and historically speaking California RE has always rebounded from the dips in the market.
Just as the prices were inflated and not "real" so are these low and deflated prices. Property will always have value as long as there is a demand.
If you do a comparision since the late 80's, California homes average currently at $444,000 are still @ 2.54% the national average of $177,000. What a bargain huh...? I can recall in the early 1980's when interest rates were 12-19% and home prices weren't the issue. We have seen the worst of this downturn....I've heard rumors of "the next wave of foreclosures" coming down the road. However, the banks have figured out ways to create buyer frenzy - it's called online bidding. Basically stated, the holder of the note puts their properties on our MLS (Multiple Listing Sevice) which feeds information about the properties to Realtors and the Internet. From the MLS, they feed numerous free property search websites like Zillo, Realtor.com, etc. where the public in general gets this information firsthand. They disclose the highest going bid...well that sounds unethical. What do you think...? Send me a note.
Have you experienced something in your life that you revealed to yourself that you thought was imposible - and somehow it happened...? It's the Law of Attraction. I watched the Secret over the last few days. I'm going through a lot of the same things most realtors are right now... Sales seem to be few and far between. Money is tight, and now my relationship with my fiance is on the skids.
Well, I'm here to say that everyone of these things have been brought about by my thoughts. We hear it in the news everyday how bad things are - and low and behold they get worse. That's because we are all thinking bad thoughts. What if we changed our state of mind... What if we knew we could change our life and perhaps the lives of others just by wanting and thinking it will happen.
Certainly, you must agree that influencial people start all prosperity with the power of thought, try it today and see if it makes a difference for you! The key is to be happy, think only happy thoughts and visualized exactly what you want in life - health, wealth, better relationships...the possibilities are all in your head!!!
If you experience something positive from this write me back.
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