Posted by Chris Shoemaker in General on March 1st, 2009 at 12:06 PM
While prices continue to fall, interest in the marketplace seems to be warming up a bit with the weather. There is Neighborhood Stabilization money available from both Waterford Township and Oakland County to help get bank owned properties off the market. If you know ANYONE who needs to buy a home, only for a primary residence, anywhere in Oakland County have them call me! There is free money and unbelievable deals out there! The moratorium on foreclosures is over and the banks are once again ramping up their efforts. We expect something from the Obama administration on March 4th regarding help for homeowners facing foreclosure but everything that I have read will not help may homeowners. Stay tuned for the details forthcoming this week! We're pretty busy right now but it remains a difficult task to get sales put together, keep them together and get them closed!! However, I think we can expect better times very soon. For those of us locally, much depends on the automotive industry, auto loans and the stimulus money that's been invested in Michgan.