March 2010

Juan Carlos German, REALTOR®, ABR®, e-PRO®, and team leader at Carlos German & Team, has been selected as one of 50 semi-finalists for REALTOR® Magazine's "30 under 30" feature! If chosen, Carlos’ profile will appear in the June 2010 issue, along with profiles of a diverse group of practitioners from around the country. Carlos was chosen for his strategic vision, deep commitment to clients, outstanding leadership, innovative uses of technology, and active community involvement.

REALTOR® Magazine reaches more than 1.3 million readers and it is published by the NATIONAL ASSOCIATION OF REALTORS®.

I want to thank REALTOR® Magazine and the judges for selecting me as a semi-finalist for the “30 under 30” feature. I can’t tell you how excited I am about the…

For the first time in years, the number of people facing foreclosures is declining.  This means that the end of the crisis is in sight.  There is a long road back to stability ahead of us, but it does not look like things will get worse. 

This long road ahead is due to the fact that the housing values have dropped to roughly half of their peak.  These deeply discounted houses will put pressure on home prices for years to come.  Mike Larson, a real estate analyst with Weiss Research said, “Housing is on a path to recovery but it’s going to be a very long, gradual process.”

The good news is that it has begun to change.  The percentage of borrowers who missed just one payment on their home loans fell to 3.6 percent in the October-to-December quarter from 3.8…