This just in from Dan Levy in Bloomberg's - "Foreclosure filings in the U.S. rose to a record for the second consecutive month in April as banks increased efforts to seize homes from delinquent borrowers."
He also reported US foreclosures were up in April 32% over April of last year.
In spite of all that, our market is seeing some increases in listings and sales and some stabilization of prices in residential real estate in most areas in Utah County.
One thing I've noticed is that a lot of the bad news I read and hear is national in scope and very often does not apply at all or only slightly to our local market. I've also noticed quite an upswing in network marketing as more and more people are striving to supplement their income by owning their own business.
There are excellent opportunities available for people who want to work and understand that working for themselves is preferable to working for someone else. There are links to the right on this page if you are in the market for such an opportunity. Don't be afraid to investigate, ask lots of questions and do a thorough examination before getting involved.
Look for training and leadership as two of the most important ingredients to building your own business.
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