Housing Prices Will Rebound in 2009 – Can You Wait To Sell Your House?

May 5, 2008

The real estate market peak, summer 2005 was a great time to be selling a house. All you had to do was post a For Sale sign in the front yard and you could expect multiple offers within days. Many times you would receive offers from individuals searching for homes FSBO and also offers from home buyers who had representation by a real estate agent.

Well summer 2008 is just around the corner and the real estate market is very different from three years ago. If you take an afternoon walk in any major subdivision you will see real estate for sale signs lining the front yards of houses like mail boxes. In cities like Las Vegas, Nevada, Stockton, California and Detroit, Michigan you will be lucky if you find a house with out a for sale sign. These are the cities that have the largest declines since the market peaked in 2005.

So how long will it take for the real estate market to rebound? Real estate economists estimate that home building and prices of existing homes will not stabilize and start to increase until the middle of 2009. This corresponds to the history of real estate cycles. If you research real estate cycles you will find that they typically last 3 to 5 years. That is 3 to 5 years for the real estate market to go down and hit market bottom, and 3 to 5 years for the real estate market to rebound and hit a new peak.

If you own a home and can not afford to hold out for another the real estate cycle then you may be wondering, how can I sell my house now? Well, you are not alone in this predicament. With home buyers waiting on the side lines for home prices to bottom out you will have a hard time selling your home now. There is one way to sell your house if you are very motivated to sell.

You can sell your house to a local we buy houses company. They are basically local entrepreneurs who make a living by owning real estate. They are very knowledgeable in real estate and solving complicated home selling issues. If you are going through a divorce, need to stop a foreclosure, sell your house before your bank takes your property, or if you home is 100 percent financed and you have no equity, they have a home selling solution.

1 Comment | Boise Idaho Real Estate - Sell My House, Home Buyers, house assessment, house value, how much is my house worth, how much is my property worth, Las Vegas Real Estate, Maryland Real Estate, New Jersey Real Estate - Sell My House, Sell My House, Sell My House In Boise, Sell My House in Las Vegas, Sell My House In Maryland, Sell My House in New Jersey, Stop Foreclosure In Boise, Stop Foreclosure in Jew Jersey, Stop Foreclosure in Las Vegas, we buy houses, We Buy Houses Nation Wide | Tagged: , , , , , , , , , , , , , , | Permalink
Posted by Shaun G.

Sell My House in Las Vegas – This is How To Sell a Las Vegas House Fast

May 3, 2008

Home prices in Las Vegas have dropped by over 22 percent in the last 12 months. Each and every month it seems there are more banks taking back properties through the foreclosure process in Las Vegas. That means there are hundreds of people who will have a foreclosure on their credit report which will have devastating affects to their life. Many of these people are saying, how can I sell my house in Las Vegas.

If you are from Las Vegas than you know the hard situation you are faced with. Your home has lost enormous amounts of value and most of you probably owe more for your house than what it is worth. You can not afford your house so you know you need to sell it, ,the problem is who do you sell to?

Well believe it or not there are still people who are buying houses in Las Vegas. Many people do not know that professional home buyers or real estate investors buy houses throughout the country, even in the hardest hit areas like Las Vegas. Home buyers are real estate investors who some times buy properties and hold for long term investments.

If you owe more for your Las Vegas house than what it is worth then you should consider selling your house to a professional home buyer. They will negotiate with the bank to get your name released from the mortgage and complete a successful short sale. This way you will not get a foreclosure status on your credit report, which will save you lots of money and hassle in your future.

Just this year there have been more than 155,000 houses lost to foreclosure. That is an enormous amount of people who either did not put effort into finding a home selling solution or did not know that professional home buyers can help solve complicated real estate situations. There is no reason people should loose their house to foreclosure. Banks will negotiate payoff amounts so you can sell your house.

The problem is many real estate agents and home owners try to conduct short sales themselves with no experience. This can be devastating to all parties involved. If you have never conducted a short sale do not start now. You need to contact a local home buyer who is a professional, knows the short sale process, knows what is required from the loss mitigation department, and knows how to negotiate, if you have any chance at success.

So if you own a Las Vegas house, or any house for that matter and are near foreclosure, or need to sell your house for one reason or another, do not give up. Contact your local home buyer and get a free consultation on your home selling options. There is no charge for any services provided by professional home buyers so you have nothing to loose.

Leave a Comment » | Home Buyers, how much is my house worth, how much is my property worth, Las Vegas Real Estate, Sell My House, Sell My House in Las Vegas, Stop Foreclosure in Las Vegas, we buy houses, We Buy Houses Nation Wide | Tagged: , , , , , , , , , , , , | Permalink
Posted by Shaun G.

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