Today’s episode of Getting REAL came about because of a party conversation. Come to find out, there is a lot of confusion when it comes to the steps needed before a foreclosed house can be purchased. For today’s show, Bridget walks you through the process. Show Notes:
- Friday Figures (an in-depth review of the current Las Vegas real estate market with a focus on Inventory, Short Sales, Contingency, Foreclosures and 30-day Closes)
- Real Estate News: Feds insist on payment to certain homeowners, Interest rates 4.91%, AGs to conduct probe
- The 5 Steps from Foreclosure to Ownership
- REAL Advice: MLS Codes
Citing comparisons to last year is really not all that enlightening. Seeing as we are going through a once in a life time event, you are probably better off giving the week to week or monthly trend. Comparing anything to last year is like comparing how well your car runs after and accident, to how well it ran off the lot. While it’s a comparison you could make it is not particularly helpful to decipher what the current trend is. Just sayin.
Hey RF, thanks for the feedback.
From our perspective, for those of us who’ve lived here and/or are thinking of buying, the yearly trend is interesting. I know Bridget occasionally compares month-to-month as well. Will review and confirm.