Are we there yet?
Recessions and recoveries are best viewed from the rear view mirror, but for those of us who would like perspective on where we are now, the latest report from RealtyTrac’s contains some amazing news. Foreclosures in 2011 hit their lowest level since before the recession. Loan modifications are up and affordability is at an all-time high. The big news for real estate investors and individual home buyers: the days of sitting on the fence and waiting for the market to hit bottom are over!
View Alex’s recent video for more on his view of current market indicators.