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Mediums: The CR News Reports© is a copyright publication of Channeled Readings®. The following predictions on REAL ESTATE were channeled on April 16, 2011 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… It seems that everyone you talk to has an opinion on the state of real estate. It’s because most people have been affected so much by it in the past. They rented it, bought it, sold it, made money on it, lost money on it, fixed it up, tore it down, built it from scratch, or maybe wanted to. They painted it, plastered it, put down new floors and hung new doors, fixed the foundation and the roof, mowed the yard, planted a garden or a tree and watched them grow. Their children were born in it, grew up in it, and moved out of it. People have varying degrees of attachment to it, but love it or hate it, everyone has been affected by it in some way. Now real estate is affecting society and the economy more than ever; mostly in a negative way. The foreclosure problem is getting worse. Seventy-five percent of the top 200 markets in the nation saw their foreclosure activity go up at the end of 2010 year-over-year. And, the foreclosure trouble is not just in the four most troubled states either namely – California, Nevada, Arizona, and Florida. It’s spreading across the nation. Meanwhile, regulators are clamping down on the big bank’s foreclosure procedures and the government is setting new lending requirements for residential mortgages. These new standards like higher down payments and equity requirements for getting a mortgage loan make it more expensive for borrowers to get into a home. Some people who are good mortgage risks may just decide to put off buying for now, further adding to a slowing housing market. The banks and home builders are fighting any new regulations by turning the focus toward the consumer and saying that new regulations would make it harder and more expensive for the consumer to buy a home. All the while, banks are also fighting against coming fines, lawsuits, the possibility having to lower mortgage principles for people in trouble, and maybe having to show all the true losses on their books someday soon. New bank regulations will require banks to hire an independent firm to review all foreclosure actions from 2009 and 2010 to see if they had grounds to foreclose and if they did, did they do it right. If their actions were faulty, then the consequences will be expensive. All this adds up to more pressure on an already severely impacted market. Low interest rates and plenty of bargain inventory may not be able to save the day. While lenders are worried about the present challenges facing them, who is planning for the future of the housing market? How will the future be different from the past? Will the market ever look like it has in the past or are we kidding ourselves about real estate ever being an “investment” again? We would ask our Higher Intelligence source to bring through their predictions and commentary on this and anything else they see as relevant to Real Estate at this time.
… Go ahead with your predictions and commentary…
Voice of Higher Intelligence: predictions
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The CR News Reports© will inform you ahead of time so you can be prepared, not scared FREE TRIAL
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