My New Blog

Discover how other sellers successfully did a short sale to avoid foreclosure by clicking here.

The homeownership rate has already dropped from 69.2% to 66.9% today. Here is one of the factors Barron’s said would cause the homeownership rate to drop. Experts project that the average American Household will become younger over the next decade.

Younger households are more likely to rent versus purchase a home. However, the article missed another big factor. So many people have ruined their credit and can’t qualify for a mortgage.

How many people in America are doing a loan modification, short sale, or let their home be foreclosed upon? It’s hard to buy another home when that happens. Demographics, the lousy economy, and the credit disaster combined mean that demand for homes may stay low for a long time.

The positive news is that all of these factors have propped up the rental market. Rental rates are actually increasing in most areas, despite the slow economy.

I think one of the reasons this is happening is because banks are so reluctant to modify loans.

And, even thought rental rates have increased, they are usually lower than owning a home bought at the peak of the market. Thinking about a short sale?

I can help you short sale your property and never pay the bank another penny. Send me an e-mail at cindygreenya@gmail.com. I will contact you for a free consultation.

When we talk, I will explain how the process works in detail and answer any questions you may have. Or, if you prefer, you can call me at 703-795-5904

Discover how other sellers successfully completed a short sale and request a free consultation by clicking here.

Thinking about a loan modification? Our Loudoun to Winchester loan modification kit has the instructions you will need to get a loan modification approved with your bank. Click here to request a copy.

Thanks for reading this, Cindy Greenya.

Opening Doors from Loudoun to Winchester VA – Cindy Greenya REALTOR

EXIT Realty Talbot and Company is one of the fastest growing real estate firms. I specialize in helping investors, buyers, and sellers invest in real estate in Loudoun, Clarke, Winchester City, and Frederick Counties including Sterling, Leesburg, Hamilton, Round Hill, Purcellville, Berryville, Clear Brook, Stephenson, Winchester, and surrounding areas. You will have step by step guidance and access to resources to make the move as seemless as possible. Call us today at 703-795-5904.