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

September 13th, 2009 | by admin |

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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!
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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.

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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


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  1. 25 Responses to “Real Estate Time BOMB. Foreclosures and the Collapse of the Real Estate Market”

  2. By 850T5R on Sep 13, 2009 | Reply

    So many people …
    So many people trashed their houses… Everyone stop making payment to the bank NOW… my condo just bought back by lender, Freddie Mac. this house will be trash. Foreclosure will sustain for a long period. Don’t buy Bank Owned Homes. they put a toilet right in the living room, a junk car in the family room, the house is flooded, the cement down the toilet pipe, will come to youtube soon for you guys to view. DO NOT BUY Foreclosure Homes, REO, Pre forecloser.

  3. By jinha911 on Sep 13, 2009 | Reply

    For all those …
    For all those beginning investors. Get ready to hunt for properties that banks have lost pages on. They will be dirt cheap when market recovers and start to rise. Who knows when that will be.

  4. By cds162 on Sep 13, 2009 | Reply

    this is true,, …
    this is true,, drive around your hood.. you will see unlived in homes owned by the bank, that are NOT for sale… they are not listed because they can not sell them.. also the more houses on the market.. the lower the selling price…….. this is going to go on for years…
    true – defer losses (we had a house in my area sold for under 60K.. others houses are selling for over 300k)
    bank holidays are coming…
    buy gold and silver before it is too late

  5. By davidshaz20000 on Sep 13, 2009 | Reply

    Recession is …
    Recession is artifical creation and Housing Market will go up as few hidden hands start buying homes to make tons of Money when economy start going up!

  6. By Growby10 on Sep 13, 2009 | Reply

    @Anyone thinking of …
    @Anyone thinking of supporting this is a total idiot for buying a house in a falling market. ….don’t u think that’s being a little harsh?

    this was a grand illusion..and many smart…and good people got tricked.

    yes, we all need to take responsibility..but what about the business who profited most from this fraud…they should be punished more than those “suckers”, right?

  7. By Growby10 on Sep 13, 2009 | Reply

    @MandM- what about …
    @MandM- what about Japanese in the 90′s? they came over and bought everything…and WAY overpaid. and they went bankrupt …while the sellers here in the US got rich…and many bought back the same properties they sold for pennies on the dollars.

    you have some good points. but if anyone want’s to buy our worthless real estate…why not let the owners of the RE have the freedom to do as they wish?

  8. By Growby10 on Sep 13, 2009 | Reply

    @BuB- this was done …
    @BuB- this was done in jan. 2009 and i’ve been talking about the real estate crisis since 2007.

    what part of this video or you called “panic shit” is “getting old”.

    can u use your brain to do something than criticize? add an argument or some facts…anything to prove that you are a thinking person…not just a small minded n00b.

    thanks for adding your voice.

  9. By BuBmalenstwo on Sep 13, 2009 | Reply

    We will find out …
    We will find out soon enough. Pls next time when you will record a video, ask someone else to read the script. Because the whole: TIME BOMB PANIC I GETTING OLD. i find it amusing that you reed papers and watch tv….. but your whole film is base on some infos….. ON A BLOG, ffs

  10. By MandMEvangelists on Sep 13, 2009 | Reply

    You are so correct! …
    You are so correct! Look where we are now. We are IN a socialist state. WE Are IN A full bown Depression. The ultimate answer will be for them to say we need to merge into one currency, just like the bible says. Things are rapidly going down hill. Our rights are being taken away, we no longer have a free society today. If you are looking for a daily news program that talks about these issues, listen to Infowars. They are the best source for information regarding the Fall of the US.

  11. By MandMEvangelists on Sep 13, 2009 | Reply

    CHINA is buying up …
    CHINA is buying up the properties. It is a result of the New World Order agenda, IE Bilderburg,Council on Foreign Relations. Bush, Obama, most all people in power are working for an alternative plan. We are selling off our roads to foreign countries and taxing the citizens here to use them. Our dollar is going to tumble, as they introduce the AMERO, and ultimatly the new world gvt. The object is to get USA to fall. Eventually we will be invaded by Russia and china. It is extremely bad.

  12. By overseachininadoll on Sep 13, 2009 | Reply

    Well back to toxic …
    Well back to toxic asset, aren’t we? They really should clean up and nationalized the banks from the start.

  13. By Growby10 on Sep 13, 2009 | Reply

    @rdrserg – you’re …
    @rdrserg – you’re right. there probably ARE a large number of people waiting to jump in. They are still looking at past prices and comparing…thinking it’s going to be back to the “good ol days”.

  14. By Growby10 on Sep 13, 2009 | Reply

    @gimmyshleter – …
    @gimmyshleter – thanks for noticing!!!

  15. By GIMMESHELTER50 on Sep 13, 2009 | Reply

    COOL!!!! Dig that …
    COOL!!!! Dig that eery Rosemary’s Baby Theme!
    666 at it’s BEST!

  16. By rdrserg on Sep 13, 2009 | Reply

    Ignorance is bliss. …
    Ignorance is bliss… There are still peeps out there who are sitting on the fence ready to jump in as soon as they find out that a certain house keeps dropping in price from the original hyperinflated price from the peek of the housing boom.
    The banks know this and suck in another sucker (every minute) to take over a devalued home.
    Anyone thinking of supporting this is a total idiot for buying a house in a falling market.

  17. By sliqer on Sep 13, 2009 | Reply

    CubistCafe: Good …
    CubistCafe: Good question. One answer is that maybe the prices have not yet been updated on the Internet… But there is also enough evidence to show that house prices have dropped in many areas of the US. In some areas where there are few speculative investors and many people buying out of need, then the prices there will be more stable.

  18. By brent85243 on Sep 13, 2009 | Reply

    Most homes are …
    Most homes are going stright to auction and on not being listed

  19. By raiserhell on Sep 13, 2009 | Reply

    maybe you shouldn’t …
    maybe you shouldn’t look at the “yahoo real estate”,
    but have a look at the “shiller home price index”.

    … Home prices dropped the most on record …
    … the biggest workforce reduction since 1945.

  20. By SilverRose09 on Sep 13, 2009 | Reply

    In case of fixed …
    In case of fixed rate the inflationary period will wipe the debt away?

  21. By SilverRose09 on Sep 13, 2009 | Reply

    Because the banks …
    Because the banks are holding the houses….they are not letting them go in the market….They got 500 billion dollars parked in the Fed. Who knows what is going on….

  22. By raiserhell on Sep 13, 2009 | Reply

    I’m talking about …
    I’m talking about interest rates;
    I’m talking about the US current account,
    about the fact, that the US had and still has a negative trade ballance – so, the USA needs hundrets of billions of dollars from foreign countries each year.

    And guess what: “somebody” has to pay interest rates for these billions of dollars.
    And, if the deptor has a contract with flexible percentage rates: yes, in such cases the amount of money to be paid will certainly rise.
    (but most institutl. money has fixed rates)

  23. By SilverRose09 on Sep 13, 2009 | Reply

    What do you mean …
    What do you mean with the rates which have to be paid to the exporting-nations? Do you think the mortgages or loan contracts in dollars will be adjusted as the inflation comes?

  24. By raiserhell on Sep 13, 2009 | Reply

    “As hyperinflation …
    “As hyperinflation will hit, RE will be the best asset to own”

    That might exactly be the point!

    the USA has so much dept – in all sectors (private, public, companies) – getting rid of all this dept might probably the best and only way to re-start.

    (else, the rates which have to be paid to the exporting-nations, who did lend the money they made by exporting back to their customers (so the customers could keep on buying), won’t allow the US-economy to grow for a long, long period of time…)

  25. By CubistCafe on Sep 13, 2009 | Reply

    But if you go onto …
    But if you go onto the real estate MLS, the houses have not dropped in price.

    Just do a random search on Yahoo real estate.

    Houses are still the prices they have always been.

    Why?

  26. By SilverRose09 on Sep 13, 2009 | Reply

    However, the banks …
    However, the banks have 500 billion parked on the Fed. As hyperinflation will hit, RE will be the best asset to own. This will be for themselves not for the people. The only thing I know is that they don’t care about us!

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