New Years Predictions (Part I)
December 28th 2007 Posted to Bonuses, Holidays, Industry Trends, Personal Thoughts, Real Estate Market, Trends
I’m happy to be ushering 2007 right out the door! Sure, we’ve had a great year in our business. I’ve worked with some of the best minds in real estate, marketing, internet, seminars, etc. But… we’ve also had our share of headaches this year too.
So… we are out with old and in with the new. We’re taking the next ten days to clean out, empty out and start fresh! So far, we’ve got over 9 bags of paperwork ready for the shredder, the house is being cleaned from top to bottom and the office is getting a MAJOR overhaul.
Plus, we’re putting the finishing touches on lots of new things that we’ll be rolling out in January for YOU!
So… What do you think is going to happen in ‘08? Here are a few of my own predictions!
Visit the blog to see Part I of our predictions (and by all means, please feel free to add some of your own!)
1. Increase in Foreclosures…
We’re absolutely going to continue to see a rise in foreclosures, but I think the lenders are going to start working with us…
2. Change in how ‘deals’ are structured
I think we’re going to seller financing and owner held mortgages coming back. We’ll see more and more lease options.
I think lenders are going to back down and start working with buyers and investors before they get in the business of property management.
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