Sunday, 6th January 2013

Real Estate Time BOMB. Foreclosures and the Collapse of the Real Estate Market

Posted on 03. Oct, 2010 by admin in share market news

Real Estate Time BOMB. Foreclosures and the Collapse of the Real Estate Market

2 Real Estate Time BOMB. Foreclosures and the Collapse of the Real Estate MarketAdd me as a friend on Facebook!

http://www.facebook.com/harryc

Get DAILY GrowBy10 Updates on Twitter!

http://twitter.com/GrowBy10

Support this Channel: Subscribe & Comment. Thank you all!

What I learned today will have devastating ramification for the real estate marketing and in turn the entire financial and stock market and the broader economy as a whole.

If true…our real estate fate is seal. There will be more housing and real estate foreclosure carnage ahead. The road is long.

Prepare yourself and protect your family from this coming economic catastrophe.

PLEASE RATE, LINK, SHARE and SPREAD the word so others can learn about the real nature of our real estate and economic crisis. Don’t be a sponge to the talking heads that spew only that which benefits them and their bosses. Wake up!
========================================
From L.A Times:

Bulk of bank-owned homes aren’t even on the market yet
“Banks to unleash flood of REOs” at Inman News looks at the effect of foreclosures on the housing market this year:

Inventories of unsold homes are likely to swell in coming months as lenders begin to push a growing backlog of repossessed homes up for sale — often in communities already awash in distressed properties….

Because it can take weeks or months for lenders to put repossessed homes on the market, the impact of real estate-owned (REO) properties on inventories lags behind foreclosures. Government efforts to recapitalize banks through the Troubled Asset Relief Program (TARP) and other bailout measures may also have taken some of the heat off of lenders to unload REO properties at fire-sale prices.

But with the emphasis of TARP and other government relief efforts now expected to shift to creating jobs, helping troubled borrowers avoid foreclosure and providing incentives for home buyers, lenders could soon unleash a torrent of real-estate owned, or “REO” properties — even in markets already flooded with an oversupply of homes for sale.

“It’s almost like a tsunami — you can see it coming and you know it’s going to hit but you can’t get out of the way,” said Ann Stickel, vice president of affiliated services with Sarasota, Fla.-based brokerage Michael Saunders & Co.

So how many bank-owned properties aren’t even on the Multiple Listing Service yet? RealtyTrac senior vice president Rick Sharga puts the number at 75%. That’s a lot of houses.

http://freemanuniversity.com/

http://www.Xirculate.com

http://www.youtube.com/user/FreemanUniversity

Tags: “The dollar collapse” “housing crisis” “financial crisis” subprime hyperinflation inflation economy “economic collapse” “stock market” “stock market collapse” “real estate” fed “federal reserve” money “fiat money” gold silver commodities housing bubble 2009 2008 downfall investing for sale training agent agency selling subprime Peter Schiff Jim Rogers Gerald Celente Alex Jones Ben Bernanke

Duration : 0:7:54


Technorati Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

25 Responses to “Real Estate Time BOMB. Foreclosures and the Collapse of the Real Estate Market”

  1. neanam 3 October 2010 at 6:40 pm #

    O.o
    O.o

  2. the1andonlytravis 3 October 2010 at 6:40 pm #

    I love the video!!! …
    I love the video!!! you did well.

    I have a few homes I need to get rid of for ASAP for only 20k they are already rented out for 500 a month. Add me on facebook and send me a message Travis Garlick

  3. grizzzlyjoe 3 October 2010 at 6:40 pm #

    @planthi80 There is …
    @planthi80 There is no more NORMAL. Every foreclosure I’ve looked at is severely damaged. The banks offer no warranty… yet. When the banks are desperate enough to GIVE you the extra cash to fix these places, then buy. The longer these properties sit unsold, the worse they fall into disrepair. The banks are still acting like they have the upper hand … that WILL change. There will be more tax incentives to buy as well … wait for it.

  4. BabylonsKing 3 October 2010 at 6:40 pm #

    Very Good Video, …
    Very Good Video, thanks for posting. The more I learn even though this video was made in 2009 the better.

  5. planthi80 3 October 2010 at 6:40 pm #

    How long will it …
    How long will it take for the market to return to normal?…and should I buy I condo or home now?

  6. powergirl901 3 October 2010 at 6:40 pm #

    Yes, in a few years …
    Yes, in a few years if nobody has a job where the real estate is located, the house could be worth 100,000 times less than it is carried on the bank’s balance sheet. This would lead either to world wide meltdown, or to more massive bailouts by governments around the world, as this market used to be figured in trillions of dollars.

  7. 13COU 3 October 2010 at 6:40 pm #

    real estate is …
    real estate is actually up 10% in my county this year…what the problem was is loan companies gave loans to people that didn’t qualify and lots of people lost there jobs…it all depends on the area of the country, houses are being built in many subdivisions around mine…everything fluctuates…and of course we are in recession there is no denying that…in closing if I had something for sale and I had to wait to get full price or a profit I would sit on it as well, that is good business

  8. 13COU 3 October 2010 at 6:40 pm #

    real estate is …
    real estate is actually up 10% in my county this year…what the problem was is loan companies gave loans to people that didn’t qualify and lots of people lost there jobs…it all depends on the area of the country, houses are being built in many subdivisions around mine…everything fluctuates…and of course we are in recession there is no denying that…in closing if I had something for sale and I had to wait to get full price or a profit I would sit on it as well, that is good business

  9. billjesusgates 3 October 2010 at 6:40 pm #

    @animus2001 …
    @animus2001 whatever, dude. i’m up 15% in 2010. eat dust, loser.

  10. JoeJacari 3 October 2010 at 6:40 pm #

    Something precious …
    Something precious is happening in real estate, my little friend. The Fruit Bats are coming home to roost. See them fly. See their wings glittering in the sun. See the hidden Fruit Bats flopping around the banks. Get the banks to give banquets to the Fruit Bats before we all become batty. We need much-needed Fruit Bat cash for Nestor the Christmas Donkey. We need Mr. Heat Meister. We need Rudolph the Red Nosed Reigndeer. Dandy, good and realistic is the Fruit Bat world. Enjoy!

  11. monkeyman1140 3 October 2010 at 6:40 pm #

    One strategy a bank …
    One strategy a bank does is simply bulldoze the house, its cheaper!

  12. phlashba 3 October 2010 at 6:40 pm #

    Love your use of ” …
    Love your use of “Rosemary’s Baby” in the background!

  13. vpatel12 3 October 2010 at 6:40 pm #

    great video, …
    great video, reminds me of southern california, there is a way to make money from a declining commercial real estate market…

    check out DRV

    it is like a mutual fund which is positioned to make money shorting the commercial real estate market.

  14. patrickfb123 3 October 2010 at 6:40 pm #

    I totally agree …
    I totally agree with this video…I’ve personally been warning people about this coming housing problem since ‘1995, and people thought I was crazy…But they don’t think of me crazy anymore. Housing values will drop to 70% due to the devalue of the dollar.

  15. animus2001 3 October 2010 at 6:40 pm #

    @billjesusgates in …
    @billjesusgates in 2003-2005 banks sold another kind of fixed rate mortgage called Alt-A and Option Arm. These fixed rate mortgages start you out at $800 a month and jumps to 1600 around this year. The banks are expecting the Alt-A bubble to burst this year and the Option Arm bubble to burst in 2012.

  16. 407buddy 3 October 2010 at 6:40 pm #

    STOP paying debt …
    STOP paying debt and walkaway from mortage, guess who’s got who by the balls? Guns and ammo, gold and silver.

  17. billjesusgates 3 October 2010 at 6:40 pm #

    where is the bomb? …
    where is the bomb? real estate prices are up. thank god i bought some last year.

  18. DirtyVegas7 3 October 2010 at 6:40 pm #

    Proof of this…my …
    Proof of this…my sister hasn’t paid her mortgage in 10 months because she is underwater and Chase bank hasn’t foreclosed yet.

    WHY…Because of the very things talked about in this video.

    They need houses off the market so they can try and stabilize the housing market but their is no stabilizing this. I feel for my sister but I just don’t have 150k

  19. FireFlyF111 3 October 2010 at 6:40 pm #

    The real estate …
    The real estate agents only wanted to make money and did not care about putting people in a future bind. The buyers did not think about what would happen if the bubble bursts. But it is not right that the govt bailout did not allow for home owners to refinance at the current market value. Thank Obama for that. He could have prevented the entire forclosure mess but did not as he needs to make his jewish banker friends more money. Thats hope and change for you.

  20. BourneAccident 3 October 2010 at 6:40 pm #

    Simply put… The …
    Simply put… The Fed’s contraction of our US money supply has caused inflation burst. What does that mean? It means that anyone overleveraged, will lose their resources to the economic powers that be. It’s just part of economic slavery and part of our “boom to bust” cyclical debt based monetary policy in our country.

    Personally, I have been “on to it” for several years. Live, learn, and “trim your sails to fit the breeze”…

  21. carp1844 3 October 2010 at 6:40 pm #

    I think the time …
    I think the time has come to stop calling this a recession and start calling this a depression. The media is not in charge of calling this what it is. The situation determines what it should be called and the situation mirrors a DEPRESSION. The media will probably start calling 30% unemployment a hyper recession. Why are they so afraid of the letter D. It is what it is. We must get past the denial stage if recovery is to take shape.

  22. rrodri4892 3 October 2010 at 6:40 pm #

    Very informative …
    Very informative video. I have been getting some interesting information that the Commercial Real-Estate Market(next shoe to drop) is about to come down heavy on the banks balance sheets. This will trigger a mini depression….!

  23. 407buddy 3 October 2010 at 6:40 pm #

    Sorry folks, you …
    Sorry folks, you have been had, peed on, scammed and lied to.
    WallStreet bailouts were rigged and a fraud, market manipulations,
    high freqency trading, flash orders, naked short selling by:
    Goldman, JPM, Cit, MorgStanley, Aig, stay away from this scum.
    The Fed, Comex, ETF’s, Govt data: frauds. Your labor devalued to Zero.
    Pull your money out, walk away from your mortgage and CC card debt,
    We can beat them at their own game, buy pure silver bullion,
    buy local mom and pop. Starve The Beast!

  24. cg7seas 3 October 2010 at 6:40 pm #

    what will be the …
    what will be the trigger that forces banks to list on the MLS those foreclosed homes that they are currently sitting on??

  25. shazam20007 3 October 2010 at 6:40 pm #

    yes ! that is the …
    yes ! that is the nature of toxic debts – they poison the system maybe to terminus :(


Leave a Reply

*

Please fill the required box or you can’t comment at all. Please use kind words. Your e-mail address will not be published.

Gravatar is supported.

You can use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>