My credit check shot me a horrifying glimpse of the future. For millions, the future looks very grim…even horrifying!
I thought we had found the “bottom” of this foreclosure meltdown casting over 1 MILLION homeowners out of their homes.
Today, I’ve discovered I was wrong.
We are not at the bottom. In fact, unless our politicians take sudden and drastic action, we will see an 800% increase in foreclosures!
Un-believ-able!
For those of you who are loyal readers, you know I’m a “glass half full” kind of guy. I (try to) see the positive and good in everything…even credit repair and real estate. However, what you see above is absolutely horrifying!
- Over 1 MILLION people right now are in full-blown foreclosure!
- 4 MILLION people are behind on their house payment!
- 720,000 jobs LOST in the last 4 months!
How is foreclosure and job losses affecting you? ….family members? …friends? …colleagues? What are your thoughts about this economic & real estate meltdown? Please leave a comment below.
My credit check reminded me of just how bad conditions (probably) will get before improving. That, my friend, is flat-out scary. If you have questions about foreclosure or a short sale settlement, please call me. I’ll do whatever I can do to help you or someone you care about.
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