With all the media hype one might think that the Real Estate market is in dire straits. It is important to note that only 2% of all mortgages are actually in foreclosure. That is right, only 2%.
Homes are selling! In fact an increase of 3.1% last month which was more than double what the analysts predicted.
Chicken Little was WRONG!!! The sky is not falling. In fact, the sky is beginning to clear. As in all things, it is cyclic. What goes up must come down. A couple of things to remember:
1. It…
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Posted on September 6, 2008 at 12:08am —
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