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Record Foreclosures Predicted

 

What is my house worth today?

This weekend RealtyTrac Inc. , predicted 1.2 million homes will be repossessed in 2011. Last year, 2010, 1 million homes were repossessed. RealtyTrak  also notes the increase in foreclosures will result in  additional home price decreases of approximately 5%.  Nevada was # 1 in total foreclosures during 2010 and Georgia was #6.
Information supplied by the AJC on1/14/11.
If you are buying a house, this the year to make the deal! If you are selling, price it right before the market falls further!
Need help? See Earl:       EARL@EARLPARK.NET

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