Sunday, December 19, 2010

Foreclosures Drop in November

It’s great news that foreclosures have been dropping over the past few months. In the month of November, Realty Trac released their survey results stating that foreclosures had dropped more than 20% from October which is great. They were down 14% from what we had going on in November of 2009. This is good news to too, because we don’t really want to see numbers right now superseding what occurred last year.


What this means in terms of more real numbers is that this is the lowest this number has been since February of last year, because that is when things seem to get worse. Whether or not it was linked to families choosing to spend money on holiday credit card bills over paying the mortgage I am really not sure. It is tough when families are choosing between paying the mortgage or feeding their kids. I am thankful I am not in that position. What I will tell you is that I am on a mission simply to help others, and it goes day by day because you never know who you will come into contact with.

This is why I was so driven to become multifaceted in my business, so that I could be empowered with knowledge to help those in good and bad situations, and to be able to answer questions that would at least point people in the right direction.

-Mayer Dallal

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