Nearly half of all US Home Owners will be underwater by 2011

NEWS RELEASE: A Recent Study by Deutsche Bank shows nearly half of all US Home Owners will be underwater by 2011 and it could be 2020 or beyond before the housing market turns up. Contrary to some Government statements, the housing recession is far from over. Hundreds of thousands of agents who have seen the conventional market dissipate and are thinking a recovery is around the bend, should think again. Many have turned their focus to Distress Sales (REO's, short sales, etc.) but are running into fierce competition in securing and selling listings. At the same time, asset managers and loss mitigators for lending institutions are becoming more and more hard-pressed to find enough qualified agents to provide them with what they need to approve short sales, as well as list and sell their REO's.


A typical Realtor® might or might not inform you of what they feel about the market. We are not your typical Realtors®. Be the news sweet or sour, we don’t SPIN it and give our clients or prospective clients the feeling of security in a insecure marketplace.

If you have the same feelings as we do, and are in the buying or selling situation, contact me. I promise I don’t bite and I will treat you with the respect that you deserve during a Real Estate Transaction.

Best regards,

Roger M. Morris

RE/Max Preferred Group
401 Crescent Ave.
Cincinnati, OH 45215
rmorris.remax@zoomtown.com
513-325-1056

Learn more at www.MlsCincyOhio.com