Even in times of economic turmoil, like we’re experiencing now, some Shaklee distributors have made a couple of hundred extra dollars each month.
Others have put their kids through college, traveled to places they had never dared to dream of visiting.
They have become healthier than ever, bought homes, become millionaires, retired comfortably, retired cushily, started foundations and dreamed bigger than they’ve ever dreamed before.
Shaklee has grown in every single prior recession since 1956.
Maybe you’re looking for a way to get healthier. Or a way to make a healthier income. Maybe you’d like both. Maybe there are things that matter more to you than money.
We get it. Life can be better. You can live healthier, you can make a healthier income, and you can do it by making people and the planet healthier too.
June 2010 there were 1088 homes for sale in Stockton, California in comparison to June 2011 where there was a decrease to 1062 homes for sale. The number of homes sold in June 2010 was 496 and in June 2011 the number of homes sold decreased to 354. In June 2010 there were 430 pending sales which increased to 616 in May 2011.
Open House ~ My Office at 2652 East Main Street, Stockton CA 95205
Saturdays 11AM – 2PM and Monday Evenings 5PM – 7PM
You are invited to our Open Office at 2652 East Main Street in Stockton. If you are looking for residential, commercial, or investment properties in this area, don’t miss this opportunity to visit and meet with Dave Thurman, REALTOR®. Also, learn all about a Shaklee membership. Come Join Us! Appointments are not necessary!
Here is my latest foreclosure report from ForeclosureRadar. Please check out their website!
California saw slowed foreclosure activity across the board. Notice of Default filings fell for the third consecutive month after a slight 1.5 percent drop in June. Notice of Trustee Sale filings were down in June as well, with an 11.7 percent decline month-over-month and a 34.3 percent drop from June 2010. Cancellations of foreclosure sales decreased for the second time in as many months, with a 3.0 percent drop compared to May. Foreclosure sales on the courthouse steps were slower than the prior month, with 13.4 percent fewer sales Back to Bank and 7.1 percent fewer foreclosed properties Sold to 3rd Parties. For the first time in six months the average time to foreclose decreased, down 7.9 percent to 317 days month-over-month but remained up 21.5 percent as compared to this time last year. Third parties continued to resell inventory more quickly, with the time to resell down 1.5 percent month-over-month to 131 days, clearly outperforming banks, which took an average of one hundred days longer at 231 days to resell inventory (REO).
Here is an interesting article I found while searching the internet this evening.
Defaulted Owners Living Payment Free For…Years (and Years)
June 19, 2011
Millions of homeowners in distress are getting some unexpected breathing room — lots of it in some places.
In New York State, it would take lenders 62 years at their current pace, the longest time frame in the nation, to repossess the 213,000 houses now in severe default or foreclosure, according to calculations by LPS Applied Analytics, a prominent real estate data firm.
Clearing the pipeline in New Jersey, which like New York handles foreclosures through the courts, would take 49 years. In Florida, Massachusetts and Illinois, it would take a decade.
In the 27 states where the courts play no role in foreclosures, the pace is much more brisk — three years in California, two years in Nevada and Colorado — but the dynamic is the same: the foreclosure system is bogged down by the volume of cases, borrowers are fighting to keep their houses and many lenders seem to be in no hurry to add repossessed houses to their books.
“If you were in foreclosure four years ago, you were biting your nails, asking yourself, ‘When is the sheriff going to show up and put me on the street?’ ” said Herb Blecher, an LPS senior vice president. “Now you’re probably not losing any sleep.”
When major banks acknowledged last fall that they had been illegally processing foreclosures by filing false court documents, they said that any pause in repossessions and evictions would be brief. All of the major servicers agreed to institute reforms in their foreclosure procedures. In April, the Office of the Comptroller of the Currency and other regulators gave the banks 60 days to draw up a plan to do so. [read more] Real Estate Insider News
May 2010 there were 980 homes for sale in Stockton, California in comparison to May 2011 where there was an increase to 1098 homes for sale. The number of homes sold in May 2010 was 411 and in May 2011 the number of homes sold decreased to 358. In May 2010 there were 422 pending sales which increased to 584 in May 2011.
The Federal Housing Finance Agency (FHFA) recently released its third Report to Congress, detailing the findings of the agency’s 2010 annual examinations of Fannie Mae, Freddie Mac, the 12 Federal Home Loan Banks (FHLBanks), and the FHLBanks’ Office of Finance.
“Since being placed under conservatorship in 2008, Fannie Mae and Freddie Mac remain critical supervisory concerns,” FHFA Acting Director Edward J. DeMarco wrote to Congress.
“These ratings are a result of continuing credit losses in 2010 from loans originated during 2005 through 2007 as well as forecasted losses from loans originated during that time. As a result of the conservatorships, federal government support and an improved corporate governance structure, the Enterprises accomplished their statutory mission of facilitating stability and liquidity for single-family and multifamily housing finance.”
Other details in the 2010 Report to Congress:
Key challenges facing Fannie Mae and Freddie Mac include, but are not limited to: credit risk, operational risk, modeling risks and retention of qualified leadership and personnel.
In 2010, GSE losses totaled $28 billion. The GSEs completed 950,000 loan modifications and other foreclosure alternative actions in 2010.
All FHLBanks recorded positive annual earnings in 2010, though some recorded losses in individual quarters. Advances (loans to members) at year-end 2010 totaled $479 billion, down from $631 billion at year-end 2009.
The 2010 financial condition and performance of the FHLBanks stabilized but several FHLBanks continued to be negatively affected by their exposure to private-label mortgage-backed securities.
The above was brought to you from our California Association of REALTORS ®
C.A.R. Member Benefit #14: C.A.R. Newsline is a weekly e-newsletter covering vital industry information including economic reports, legislative developments, and new real estate products and services.
Here is my latest foreclosure report from ForeclosureRadar. Please check out their website!
06/14/2011 – Third party investors resold the homes they previously purchased at auction at a faster pace throughout our coverage area. As the most sophisticated and motivated homesellers in the marketplace, these investors provide an important indicator as to the health of the entire housing market. While the statistic is encouraging, it’s too early to tell whether it is a turning point from the otherwise recent downward trend within the housing market. [Read More]
Open House ~ My Office at 2652 East Main Street, Stockton CA 95205
Saturdays 11AM – 2PM and Monday Evenings 5PM – 7PM
You are invited to our Open Office at 2652 East Main Street in Stockton. If you are looking for residential, commercial, or investment properties in this area, don’t miss this opportunity to visit and meet with Dave Thurman, REALTOR®. Also, learn all about a Shaklee membership. Come Join Us! Appointments are not necessary!
