NOW'S THE TIME - REALLY!

It's just the nature of being a seller that drives us to want to try and "time" the market.  It's a difficult task, even for the professional Realtor.  The timing of the housing bubble burst caught nearly everyone by surprise.

But what's ahead of all of us is so predictable and I want my clients ahead of the curve on this one.

We've blogged previously about the MERS and Robo-signing mess that contributed, in it's own way, to the housing mess that we're in.  Some of you may have seen the 60 Minutes segment that was done on robo-signing. (If you haven't seen it, just go to YouTube and search 60 Minutes Robo-signing for an eye opening education).

The long and the short of it is, the government has been negotiating with the lenders for a monetary settlement that is supposed to ease the pain of those in foreclosure (don't hold your breath!).  But while they've been negotiating, there has been a moratorium on banks placing foreclosed homes into the market place for sale.

All that good news you were hearing last year - it had a lot to do with a lower level of inventory because we were missing those foreclosed properties.  It was as good as it could have gotten for those of you who chose to sell.

So here's the deal for those of you who have been holding off;  the settlement is very near.....read VERY again!  And once it's done, our friends the lenders will be right back to releasing those foreclosed homes into the market and competing on price with your home. They have 49 months worth of inventory. I've already seen evidence of their plans.  And what I'm seeing is about a 5 fold increase.

Please listen to me; if you have any inkling about selling this year - NOW IS THE TIME.  Get in ahead of these foreclosures that we know are coming.  It's the best opportunity you'll have to get your highest price possible for the near future.  And of course you'll be able to take advantage of the Spring Buying Season - the peak season for real estate sales.

I've included the link below for your reading pleasure.  The reference source is Realty Trac, one of the most respected sources for information on the amount of distressed and foreclosed property affecting our market.

http://www.dsnews.com/articles/foreclosure-activiy-increased-january-activity-down-compared-to-last-year-2012-02-15

Of course, if you have any questions, don't hesitate to call me.  Or if you have an organization, club or group of friends that would like a presentation about the state of the real estate market, or short sales or investing, I'm happy to be your go to gal - free of charge.

Choi for now,
Amy