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How Will an Uptick in Foreclosures Affect Real Estate Markets?

Blog Contributor Business Challenges, Rental Properties 4 Comments

By Neil Goradia As of the first quarter of 2021, there were 33,699 properties with foreclosure filings in the U.S., according to ATTOM Data Solutions. That’s up 9% from the previous quarter, but down 78% from the first quarter of 2020—largely pre-pandemic. The rate of foreclosure in Colorado is less than 2%, which is historically low, however, for most of …

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Great Home or a Great Deal?

Blog Contributor Helpful Tools, Sales & Marketing, Working with Clients Leave a Comment

By Jason O’Neil Are the two at odds with one another? I say yes. I begin each buyer consultation with the simple question: “Do you want a great deal or do you want a great home?” The responses are typical: “Both! Ha Ha Ha…I mean, can’t we get both?” “Uhhhhh. Great home?” “Somewhere between.” “Great home. Good deal. Is that …

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Your Clients Deserve the Best Advice

Blog Contributor Sales & Marketing, Short Sales & Foreclosures 1 Comment

By Laura Rubinchuk For the past two years, I’ve been able to bury my head in the sand when it comes to distressed properties. It’s just not a huge part of the market in the area I do most of my business. As of this morning, only about 6 percent of the active listings were short sales, and fewer than …

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Tricks and Treats for the Real Estate Market

Blog Contributor Business Challenges, Mortgage Financing, Sales & Marketing 1 Comment

By Heather Soldonia More scary than mummies, black cats, or cobwebs is the looming question: Has the real estate market bottomed out? We REALTORS® have been asking Congress “Trick or Treat? … Please come up with some creative ways to revive the real estate market. Pretty please?” When Forbes reported the 10 worst real estate markets of 2009, eight were …