Troy Fowler

As the economy continues to suffer and property values deflate, more and more Americans are voluntarily walking away from their homes and mortgages. This wave of voluntary foreclosures are known as strategic defaults.

It is predicted that scores of homeowners will consider walking away from their homes in the coming 18-24 months, adding yet another layer of distress to an already beleaguered real estate industry. Quite simply put, if homeowners feel it makes no sense to hold on to their overvalued homes and walk, it could become a significant drag on the real estate market for many years to come.

California and Florida are currently facing the highest number of strategic defaults in the country. Until prices stabilize and mortgage lending becomes more readily available, we may be reading about this and seeing it occur in our neighborhoods in the months and years ahead.

Auction Generation is a full service real estate company offering a full menu of BPO and REO services. We also list, sell and auction real estate. For more information, please contact Troy fowler at 305-206-0349

News reports continue to show increases in single family real estate sales across much of the country. These sales are occurring due in large part to very deeply reduced prices by sellers, short sales or bank owned property being sold at a fraction of previous sale prices.

At the same time, we continue to see climbing delinquencies and foreclosures now spreading beyond the 5-6 critical states where they originated.

What does this mixed information tell us. In my opinion, it suggests the beginning of a very long correction that will continue to see a consistent pattern of purchases and a continued high degree of delinquencies.

The good news is that you can once again sell your property, the other news is ...for what price?

To achieve the highest price the market will offer on a given date and sell your property using the most advanced marketing techniques to attract multiple buyers, choose the auction method. You will sell and your property can be exposed to literally thousands of potential buyers prior to sale date to obtain the highest price possible.

To learn more about how a well planned auction can work to your advantage, please visit www.Auction-Generation.com or contact Troy Fowler at 305-206-0349

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In today's stagnant economy, real estate continues to prove to be a challenge to sell in most cases.

Sellers are being forced to wait years to move there property and often at prices that they never imagined they would have to sell for. Coming to the realization of what a property may sell for vs. the asking price is the first step in determining if a seller is ready to auction.

The auction method offers so many benefits over the traditional listing/sales methods. One benefit which is becoming more and more important is time and the time value of money which is locked up in idle real estate. Today's. many sellers are more motivated than ever before and buyers are scarce. This is all the more reason to choose a creative, high impact approach to sell your property through auction.

I personally think the raffle approach is very creative and offers a wonderful alternative to link with a non profit as part of the sales approach. I also believe that there is still a lot of awareness and confidence building needed to make this a more viable approach. Real estate auctions have been around for decades. They are once again becoming the preferred method for sellers who are seeking a quick and efficient method to attract multiple buyers at one time to sell your property and close with 45 days.

To learn more, please visit www.auction-generation.com

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If you speak withy many of the leading real estate brokers in South Florida, they would have you believe that the ultra luxury market is back!! In fact there has been an up tick in sales of homes/condo market over the $2-3M
level during the past several months.


However when you dig deeper, the underlying factors do not really appear to be a return to the good old days, but rather selected opportunities to purchase these properties at very deep discounts by those with very deep pockets


Just days after reading an article about the bounce back of the luxury market, I read an interesting article a leading South Florida daily business publication that seemed to suggest just the opposite.


In the very high end community of Manalapan, sales have been very slow. Now, I do not mean to compare this community with the $2-3M market, but this is certainly an area where the ultra wealthy would be buying if they believed the market was back!

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I do believe that we will continue to see isolated cases of purchases in many markets, especially single family homes that he bought at considerable discounts. Otherwise, I continue to maintain a strong conviction that the market has years to go before recovering and it will reshape the Florida real estate landscape before we reach a normal supply and demand.



If you are thinking of selling, no matter the value or type of property, please research the auction alternative. Please visit my web site www.auction-generation.com or call Troy Fowler at 305-206-0349.

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If you speak with many of the Brokers of real estate companies throughout the state of Florida, there is a feeling that buyers are returning to the market.

It seems that many documented sales have been recorded in the luxury market, especially in the 2M and above category. There has also been a large increase in sales by first time buyers and investors who are buying REO properties and flipping them for a quick profit.

The general thinking is that with the large number of baby boomers that will be retiring over the next 20 years, Florida's current large surplus will be absorbed and it will return to a place where owning real estate will once again become a great investment.

As one long-term investor put it, real estate never was meant to return a quick profit!

I believe that much of what I have read is true. On the other hand, I know that factually speaking, the real estate market is a very slow moving mechanism and while these positive feelings are encouraging, we still have a long and rough road ahead.

It would be nice to think that the worst is over and better days are just ahead. It took us seven long years to get here and we will not return to that "normal "state of supply and demand for years to come. In summary, I believe the investor who stated that real estate was never meant to turn a fast profit was very profound!

Sellers, always remember, if you are trying to sell and have not been invest real estate miamiable to, or you are just ready to move forward, investigate how a well executed auction can produce great results.

To learn more, please visit www.auction-generation.com