Not A Good Summer To Be A Seller

Mediums: The CR News Reports© is a copyright publication of Channeled Readings®. The following predictions on REAL ESTATE were channeled on June 15, 2010 directly from our “Higher Intelligence Source” and not from what we, the Mediums may think, reason, guess, analyze or anticipate from probabilities or trends. These predictions are not based in conspiracy theories or come from a doomsayer’s slant. We provide Survival News Predictions to help you overcome any fear of the future you may have and empower you to prepare for what’s coming… Home values declined in most metropolitan areas in April month-over-month and year-over-year. Foreclosure activity continued to increase nationally also. The biggest problem facing the stabilization of the market is that supply and demand is also way out of balance. Estimates of the number of homes already in bank inventory is 1.1 million. However, the estimated number of homes in foreclosure or seriously delinquent and soon to go into foreclosure is 5 million. In addition there are another 5.3 million homeowners who have been waiting on the sidelines to sell when the market got better. Get ready for a tsunami of new inventory hitting the market. However, mortgage applications and pending sales data shows that housing demand is plummeting, especially after the expiration of first-time home buyer tax credits in April. Can anything happen to get buyers interested in purchasing this declining asset – and if not, what will happen to the industry? …Go ahead with your predictions and commentary…

Voice of Higher Intelligence: “The real estate market as you knew it in the past is changing forever. Just a few years ago everybody you met seemed to have a real estate license. Even so, some never used it and many others built a great career. This is all changing as many people now don’t admit they have a real estate license. Going into the summer, home sales will continue to dry up. Some people who made it under the wire on the tax credit for first time buyers will be closing during June and into July driving the closing numbers up. However, after that, the demand will fall off considerably.” continue MEMBERS-read the rest of these predictions in the CR News Reports©, or click HERE to order yours now to get all the “News Before It Happens … The Nostradamus of the NEWS.” Not a Member? … want to listen to this entire prediction?

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