Comments on: Buyers Beware - Market Turnaround Ahead

By: Gretchen

Gretchen — Fri, 06 Nov 2009 03:11:53 +0000

Thanks for reading, Wilson!

By: Wilson Payne

Wilson Payne — Thu, 29 Oct 2009 02:12:24 +0000

This is something anyone can appreciate. Thanks for a great read!

By: More info here

More info here — Thu, 09 Jul 2009 04:19:03 +0000

More info here…

Good job narrowing down all the information….

By: Gretchen

Gretchen — Mon, 16 Jun 2008 13:03:59 +0000

Hi Dawn, 75% REO’s is a huge number. We had similar stats in the late 80’s here in Denver. I’m glad to hear that other sectors are doing well. My parents live in Orange County, and that area seems to be holding it’s own still.

By: Dawn Rickabaugh - Pasadena Note Queen

Dawn Rickabaugh - Pasadena Note Queen — Thu, 12 Jun 2008 22:47:42 +0000

Wow,
That’s great to hear! In LA County there are pockets doing really well, and some getting ready to literally implode.
In some neighborhoods REOs represent 75% of active listings, which is really hurting prices and getting worse.
I just recommended to a prolific probate listing broker that he might want to have his clients consider carrying paper to get a decent price (especially on the fixers) and then sell the note.
Even selling the note at a steep discount, they’d come out ahead usually.
I always thought I might live in Colorado some day . . . the mountains have always called to me.
You guys go!!!

By: Gretchen

Gretchen — Wed, 11 Jun 2008 18:07:34 +0000

Hi Sam - Austin is such a great city, I’m sure it won’t be long now before you see a bit of a bounce. Are you tagged as a declining market by Fannie/Freddie? Denver has recently been removed and that’s helping us.

By: Sam Chapman

Sam Chapman — Wed, 11 Jun 2008 18:02:24 +0000

I am happy to hear things are picking up. We need to see that in a lot more markets and I think we will. My market, Austin, is slow because of people not being to sell in other markets.