Comments on: Foreclosures Likely to Surpass 2009 Levels

By: James Dwiggins

James Dwiggins — Fri, 23 Jul 2010 04:30:20 +0000

Unfortunately I think this is the truth and I would be working on getting in with the asset managers any way possible. It’s going to get bumpy, so strap in!

By: Elaine K

Elaine K — Fri, 23 Jul 2010 04:22:19 +0000

Don’tforget those Strategic Defaulters, which has nothing to do with jobs or ability to pay! Why hold on to an investment that is losing/lost money? 1 in 7 million dollar home owners are NOT paying their mortgage; check out this link…
http://www.nytimes.com/2010/07/09/business/economy/09rich.html?_r=3&hp

This will be another wave. Where are the ethics?

By: Steve Holderfield

Steve Holderfield — Fri, 23 Jul 2010 01:07:49 +0000

I’ve been reading these same basic stats. Even though I had sort of given up on this, I think it may be time to re-try getting associated with REO sources for listings. What do you think?

By: Dave Thurman

Dave Thurman — Thu, 22 Jul 2010 03:51:06 +0000

The real estate market is not going to recover unless the government allows the market to be free and a lender can enforce the terms of a note secured by a deed of trust. It really is that simple!

Less government, less regulation and less taxes will improve the economy!

By: Scott LeForce

Scott LeForce — Tue, 20 Jul 2010 22:54:03 +0000

‎40-year low mortgage rates won’t help real estate or curb defaults if people still can’t get a job. Slash taxes and goverment spending and we’ll be walking in tall cotton before you know it.

By: Deb Whitney

Deb Whitney — Tue, 20 Jul 2010 19:17:13 +0000

Thanks James – very informative.

Deb Whitney

By: Eva Bradley

Eva Bradley — Mon, 19 Jul 2010 16:30:55 +0000

Good to know! Thank you James for sharing this information! I hope you don’t mind if I share it with my clients, friends and fellow agents (who do not regularly read the posts here…which is a shame)