Wednesday, October 12, 2011

Real Estate is in an Interesting Place...

Interest rates are the lowest they have ever been.  Those who would like to buy are STILL having trouble getting a loan!!!

Unemployment is continuing to be a major concern throughout the United States as banks hesitate to lend because the buyer may loose their job!

Foreclosures and shadow inventory are plague the real estate industry because over 25% of mortgages cover properties in which the property is worth much less than the mortgage on the property!

Help is so needed in this industry...