Buyers Interest In Foreclosed Properties Could Devastate Home Values - Short Sales Success

Prospective homebuyers have been on the fence when deciding to buy a foreclosed home now or to wait it out until the end of next year

. Per a survery released by Trulia.com and Realty Trac, 55% of adults said they would consider buying a foreclosed home, which means the other 45% are not interested as the worries of the housing market continual decline going into 2010.

This can be a bad sign because if buyers are not gung ho in buying foreclosed properties, the inventory of homes on the market can increase the competition for sales and home values will continue to drop.

It will be a very interesting year next year. This housing market will continue to devastate homeowners and the ones that are still able to hold on to their homes may be faced with further reductions in their home equity.

Hang on to your seats, its going to be another wild ride next year!

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WHB Solutions is Real Estate Services Organization that helps educate hundreds of Real Estate Agents and Investors better understand how to monetize short sale opportunities in todays ailing housing market. WHB Solutions is dedicated to teaching both investors and real estate agents how to properly do short sales, short sale education and short sale success. Having a winning home buyer solution is critical to short sale success and short sale education! Visit our site now for a free report on getting short sales approved!

If you would like more information on WHB Solutions Short Sale Education Products or Services, visit us at whbsolutions.com

Full Article Resourse: www.whbsolutions.com/blog/

by: Art Lee

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