Albert Hakim's (alwayssold) Blog

A perfect storm of job losses, unaffordable mortgages and plunging home prices have resulted in a steady decline in homeownership over the past five years, according to the results of a U.S. Census Bureau report. Nearly 3 million fewer Americans now own homes compared to the first quarter of 2005...

All 50 state attorneys general agreed to jointly pursue the issue, but half of their 12-member executive committee now find themselves in their last months of service. Arizona, California, Connecticut, Florida, New York and Ohio will all have new attorneys general come January. Most prominent in ...

Things are beginning to look up in the big D, the Motor City; but surely, there is still a long ways to go. With most of the non-productive or destructive distractions resolved, Detroit's new government and public school system leaders are showing signs that their eyes are locked on the right pri...

We ask ourselves daily when will it all turnaround? will it be this year or next or beyond that? We just need alll these houses that are distressed to hit the market so the economy will turnaround quicker. What are they waiting for? the house to be stripped and water damage or the brick or siding...

The government wants to freeze the foreclosures throughout the united states. Why would you freeze anything that was caused from the borrower not paying the mortgage in the first place. Is it now legal to not pay on your mortgage and you face no consequences?? Where do we go from here is water an...

http://www.msnbc.msn.com/id/39650268/ns/business-real_estate/    

With tens of thousand of foreclosures set to hit the market in the next few years when do you imagine the housing market will turn for the better? Please leave a comment and lets see the answers to whom believes it will be positive sooner than later..    

Is it permanent? when will it end  now with more banks joining the pack to prevent fraud when we all the properties hit the market???

AS an agent in one of the toughest cities in the country DETROIT i am writing to have all agents feedback on REO offers and the proper way to submit them to Asset Managers and Banks Correctly. All offers Need the Following items 1. PURCHASE AGREEMENT FILLED OUT NO BLANKS 2. PROOF OF FUNDS (CURREN...