WatchForeclosure.com Forecasts Housing Market Growth in 2010
Online foreclosure listing website WatchForeclosure.com (www.watchforeclosure.com) has forecast an improvement in the housing and mortgage markets in 2010, as the world economy begins to show signs of rejuvenation and growth.
(29 April 2009) - - Online foreclosure listings website WatchForeclosure.com (www.watchforeclosure.com) has today forecast an improvement in the fortunes of the housing and mortgage markets over the next 12-18 months, as the global economy begins to recover from the current crisis.
Since the collapse of the sub-prime mortgage market in 2007, the global economy has been in freefall, with deep recession spreading across the US, Europe and Asia as a result. However, economic indicators now appear to show an apparent improvement in the fortunes of the housing market, leading many experts to forecast growth over the coming year.
Brad Thomson, a spokesperson for WatchForeclosure.com described the current economic climate as ‘desperate’, but suggested the coming 12 to 18 months may see a resurgence in the demand for housing, which could help buoy both the economy and the mortgage markets.
“The current recession has led to global unrest, and there’s no doubt a direct causal link between the desperate US housing market and the global economic fallout. Fortunately, it looks as though the market may begin to pick up in 2010, as large institutional investors begin to invest in property and kickstart the demand for residential and commercial properties.”
“For other property investors, it’s wise to start thinking about potential investment opportunities going forward. At WatchForeclosure.com, we’ve got the most comprehensive database of bank owned and repossessed properties anywhere online, complete with all the information you’ll need short of professional advice to find your next property. What’s more, our listing are absolutely free of charge, and our website has been designed to be easy to navigate to help you find exactly what you’re looking for.”
WatchForeclosure.com provides access to the latest foreclosure listings across the US, and is absolutely free of charge for property investors and home-buyers. It’s professional, intuitive interface allows easy and quick access to a comprehensive database of national foreclosure listings.
WatchForeclosure.com (www.watchforeclosure.com) is a foreclosure property listing website, allowing users to search for repossessed and bank owned properties by state and county. Coupled with photographs, details of any recent sales and predicted property values, WatchForeclosure.com is an invaluable tool for property investors and home buyers alike.
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