Helpful Tips, Market Insight, Real Estate

American Attitudes Toward Foreclosure, It May Surprise You

In case you missed the real estate news from May 20, 2010 the major headline that was being buzzed on news wires and social networks was…

59 PERCENT OF HOMEOWENRS WITH A MORTGAGE WOULD NOT CONSIDER WALKING AWAY FROM THEIR HOME NO MATTER HOW MUCH THEIR HOME IS "UNDERWATER" ACCORDING TO A NEW SURVEY FROM TRULIA AND REALTYTRAC.

The survey which was conducted from May 10-12, 2010 by Harris Interactive on behalf of Trulia.com and RealtyTrac, offered insight on American attitudes toward foreclosure and how home buyer sentiment has changed from a year ago. Overall the likelihoood that a U.S. adult would buy a foreclosure waned.

Be that as it may, take a look at the document below which was published on RealtyTrac’s blog site ForeclosurePulse. This visual snapshot of American attitudes toward foreclosure could result in the next housing boom.

Can you see the real estate opportunities for home buyers, investors and Realtors alike?

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James K Barath, CMPS®

James K Barath is a Certified Mortgage Planning Specialist®, Certified FICO® Professional, Certified Military Housing Specialist® and your FHA Home Loan Expert. He is also a graduate of Purdue University, The CMPS Institute, Dale Carnegie Human Relations Course & Napoleon Hill Foundation's PMA Science of Success Class. It's your home and your future. It's his profession and his passion. He is ready to work for your best interest. Contact James for your FREE Home Loan Approval !  His Motto: I Facilitate the American Dream Through Responsible Mortgage Lending and Financial Literacy!

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