Foreclosure notices hang on a county courthouse wall in Pontiac, Mich.
Home sales will hit a five-year low this year, as wary lenders cut back on loans for many borrowers, according to the National Association of Realtors. They predict homes sales to climb from 6.04 million in 2007 to 6.38 million in 2008. Meanwhile, foreclosures nationwide have risen 58%, according to RealtyTrac. California led the nation with the highest number of homes receiving foreclosure filings and the number of homes receiving notices. Lagging home sales and flat or decreasing home prices have made it more difficult for homeowners who fall behind on payments to sell their homes and clear the debt, spurring the rise in foreclosure activity.
Yes, the market has changed, but as a real estate agent I've adapted and changed with it. For other agents out there, here are two sentences of wisdom. Adjust your focus and get back to the basics of the business. Keep your tenacity and listen to the negative hype with a grain of salt. I've been meeting more new people and increased the number of people I contact regularly. There's more follow-up with each contact as well. Everyone is getting more service and attention from me than ever before. It's hard work, but it pays off in the end.
~Tina Jan~
Coldwell Banker Kivett-Teeters
1655 E. Sixth St.
Beaumont, CA 92223
Work: 951-845-5520 Ext. 105
Fax: 951-845-4916
Cell: 909-446-2666
Toll-Free: 1-877-TINAJAN
tina.jan@coldwellbanker.com
www.tinajan.com
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