The number one question I have been asked for about the last year is, “Just How Bad is this Market?” Any answer needs to be based on where you are on your very personal journey and what your goals and needs are. Most people I talk to fall into one of three general places. The first, I’ll call group “A” those that are losing or selling their home and will be out of the market. Group “B”, would be those getting into the market for the frist time. As for Group “C” they are those who are selling one property and within a short time buying another.
For many who lost jobs or got in a must sell situation, it truely must feel like you’re one of those wildwest buffalos who got caught up in the herd, then unmercifully driven, running full speed over a cliff to their death with no chance or place to escape. There has been a great deal of pain and suffering to many good people who where driven into short sales, foreclosures,, loan modifications and even bankruptcy. My heart truly goes out to them. Continue Reading →