Housing - Short Sale - Fire Sale

November 8, 2010

What does your housing situate look like? Do you own? rent? thinking of buying while prices are low? Do you see the housing market leveling off? getting better? when?

From Short Sale to Fire Sale

We all know about today's housing market as it references buyers, sellers, banks, mortgage companies, etc. Many people have completed the short sale process only to find out that they still cannot afford the payments on their home. People are now just walking away from their dream houses and moving in with family. This is causing the banks and homeowners to sell houses at fire sale prices. In 2010 banks took a vacation from processing foreclosures. This is commonly thought to be because of the volume of bad loans. It is also in part because the home values continue to plummet and potential buyers are too fearful that the housing market has not hit bottom yet. All indicators show that 2011 will not change the downward trend of housing prices and fire sales will slowly turn into blazing fire sales. See for yourself how many properties are in foreclosure, in your neighborhood.

Housing Situations ... Then and Now

Back in the 20th century, couples with families bought homes, often two-family dwellings. Many were immigrants, who worked hard as life was not easy. There was no time to think about healing their issues, it was about survival and building a future for the generations that would follow. That was their programming. Their homes would become part of an inheritance or remodeled by the next generation.

Time moved on and their children grew up. This generation was programmed differently. Some became successful, buying their own homes, but others, were not able to take care of themselves, emotionally or physically. Unlike the generation before them, they had the luxury of disability insurance and a family who would put a roof over their heads. They either never moved away from home or moved back home alone or with their families. Many of these homes were two-family dwellings, or larger, allowing their soul group to play out their karma under one roof.

How many families do you know where most of the members are on disability .. whether they belong there or not?

Today many people are forced to move home when they lose their jobs, their home, or divorce. Again we have a soul group living under one roof, like it or not.

With an average family here in NYC ... or your home town ... the pattern involves a family with 2 or more children in one home. As the children become young adults, one child often moves to another area or apartment in the home ... so why leave. For some parents its cool to have their children all living under one roof, while for others it causes havoc. It's all about the way everyone in the family is programmed.

I believe young adult should work and move on. The whole concept of co-dependency is what causes more stress than you realize ... until it's too late and you know ... stress kills by speeding up one's programed timetable. Today people are programmed to heal their issues and become self aware. This is very tiring and can be more stressful than living with one's issues. The point is to know yourself - your issues - and how you an manage them. Issues heal when your programing for them is complete, hopefully when it's not too late as issues bring stress and illness and death ... but then again, the program is about to end.