Your FREE ACTIVE REAL ESTATE FORECLOSURES FOR SALE IN BIRMINGHAM AL – 12/28/2011 list has been posted.
These are Single Family Homes ‘Active’ on the Birmingham MLS. These homes are ripe for the picking. DO NOT LET THEM PASS YOU BY…ACT NOW….BEFORE IT IS TOO LATE!!!
I hope you have an awesome day, packed with smiles while searching for your active Birmingham AL Real Estate Dream.
The value of overall homes nationwide has likely dropped just over $681 billion this year, according to property search and valuation site Zillow.
That drop, to a total estimated value of $21.9 trillion for U.S. homes, is 35 percent less than the drop experienced last year, when the nation’s homes lost $1.1 trillion in value. Most of the decrease in 2011 occurred during the first half of the year, when the market lost $454 billion in value, Zillow said. The site projects values dropped a further $227 billion in the second half of 2011.
“While homeowners suffered through another year of steep losses, the good news is that homes are losing value at a substantially slower pace as the market works its way towards the bottom,” said Stan Humphries, Zillow’s chief economist, in a statement.
“Unfortunately, when we look ahead to next year, the unabsorbed pool of housing supply, dragging levels of consumer confidence, high unemployment and negative equity will continue to put downward pressure on the housing market, pushing our expectation for a potential recovery into late 2012 or early 2013,” Humphries added.
Their loss is your gain. CALL ME TODAY WHILE THIS TREND REMAINS…….IT WILL NOT LAST FOR LONG, JUST LIKE THE REAL ESTATE BUBBLE DID NOT. THE END OF THE YEAR IS DRAWING NIGH!!!!
Be Sure to …CALL ME TODAY…to secure your piece of the pie!!!