Making the best of a bad situation in the housing market and the forclosures with a proprerty preservation business !

The housing market is in such a state right now. It is worse then the great depression. It is being reported that the numbers are down, but that is false picture of thing as they are. As is stated by this article, quote "I really wish I could say that looking at a 42-month low in foreclosures action means that the housing market is recovering, and the foreclosure problems are all going away and we should all go about our business and be happy," says RealtyTrac's Rick Sharga. "Unfortunately, those would all be lies."

When we really see that things are going up still. Just look at the areas that have been hardest hit by the foreclosures.

The numbers have been on a roller coaster since the so-called "robo-signing" foreclosure paperwork scandal that unfolded last Fall. Now there are big discrepancies in the numbers state to state, depending on which states practice judicial foreclosures and which don't. The foreclosure timeline is also increasing as more banks and loan servicers focus on short selling distressed properties, which is when the sale price is less than the value of the mortgage.

REO activity was down 6 percent overall in non-judicial foreclosure states month-to-month, but some non-judicial foreclosure states posted substantial month-over-month increases. Bank repossessions jumped 79 percent in Georgia, 36 percent in Virginia, and 19 percent in Michigan.

In judicial states, bank repossessions actually rose 1 percent month to month, as courts finally begin to get new paperwork and work through lawsuits. In New York, REO activity jumped a whopping 97 percent, and 21 percent in New Jersey.

While the usual suspects, California, Arizona and Nevada still lead the nation in foreclosure activity, the pain is still spreading nationwide. The sheer volume and share of distressed properties in the current market continues to push home prices to new lows since the worst of the housing crash. Some states may see higher numbers, but the effect is the same.

We have not seen the end of this yet. There are people out there that are growing business to help take care of these properties. They are making good money doing this. It is the property preservation industry. To be able to sell these houses again, the banks need them in the best way that they can be in. They might not be with new appliances and all the best things inside. They may need some work to make them the way that someone else wants.

Take a look at this video to see what they do and why they are so needed.

Daniel & Deanna "Marketing Unscrambled"