Are Foreclosure a Thing of the Past?

 

Good Day All,

I hope everyone has had a great week and I’m sure you’re ready for the weekend!  I just wanted to take a moment and provide you a quick real estate update on foreclosures and housing inventory!

We are no longer in a housing recession and don’t maintain an overflow of inventory of homes on the market!  Inventory is so low right now and we need more homes for sale!  An article from Florida Realtors indicates that overall foreclosures are down 78% from the peak of the
foreclosures on the market in 2010. Also, foreclosures are down 15% from year to year.

Have you been telling yourself  “There are tons of foreclosures for sale in Marion County”  or “I want to find a foreclosure because they’re a better deal”? That is simply not the case; overall inventory is low and banks know this!  Therefore, banks want to sell their properties for the same market value of a traditional re-sale.

BUYERS! –  If you are in the market to purchase, call us today! My team checks new inventory everyday and we’re constantly getting new listings to sell!  Please call and give us an opportunity to help you!

SELLERS! – If you have given any consideration to selling your home or property, NOW is the time to do so!! I have buyers just waiting for new inventory to hit the market and I would welcome the opportunity to help you!

As always, if you have any questions or if there is anything we can do to help you, please  contact us today (352) 577-9171 or Info@Search352Homes.com