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- NAR June Sales Report: Home Sales DROP 5.1%
- Strategic Defaults Gaining Momentum
- You Could Get $3000. in Moving Assistance if You have to Short Sale Your Home
- More than 50% of the Sales in March were Distressed!More REOs Coming…
- How do delinquencies impair credit scores?
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- President Obama is considering forcing ALL lenders to stop ALL foreclosures!
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About Teresa
Teresa Turner is the Broker & Owner of Teresa Turner Realty Services, LLC, which specializes in short sales and loan modifications. She provides creative solutions to help people with today's complicated real estate situations. She has over 20+ years of experience in real estate, financing, negotiating, and is a Certified Short Sale Specialist trained by the Harris Real Estate University and a Loan Modification Specialist trained by the United Mortgage Modifiers Association of America. By providing homeowners with options before their property is foreclosed upon, she can create a winwin situation for all the parties involved and save the mortgage company from having to own another property. She is a real person with real solutions. Social Media
Category Archives: Short Sales
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NAR June Sales Report: Home Sales DROP 5.1%
June National Association of Realtors Released the June home sales numbers….and…as we have been predicting…they are ugly:
* 5.1% Decrease in home sales.
* $183,700 Medium Price
* Inventory UP 2.5%..nearly 9 month supply of homes…NAR reports as VERY HIGH.
* NAR, expects a continued INCREASE in inventory. Agents, this will drive prices down even further. NOTE: Any of you still doubting a housing double dip, doubt no longer.
* Distressed sales, 32%…short sales increasing. Of all the sales in June 1/3 were..Short Sales and REOs.
* First time buyers, 43% of ALL Sales.
* Cash Buyers, 25%. of ALL Sales.
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