Renae Stucki Realtor read this article on CNN Money website about the drop in foreclosure rates. Because of these decreases, analysts are predicting the end of the foreclosure crisis. You can read the article HERE.
Although foreclosures will continue for the foreseeable future; especially in certain markets, the end is in sight. So what does this mean for you?
Well, it’s another indicator that the economy is getting stronger and stabilizing. It also indicates fewer depressed properties will be coming on the market. The days of short sales and rock bottom prices are fading into the distance.
Combined with rising interest rates, the time to make your move in real estate is now. The longer you wait, the more expensive properties will be and the less your money will actually buy.
I know it seems like this blog is trumpeting the same line over and over. But the fact remains, all of the indicators have proven what we’ve been saying for months now. If you’ve been waiting for the market to bottom out, you missed it. Right now, the market is rebounding and prices only have one place to go. Up.
There’s still time to save money and get a good deal. But time is running out. Get in while you can and find contact Renae Stucki today to find out how much you can pre-qualify for. You can start shopping for your dream home today.
