Thursday, March 3, 2011

There is no better time for Investors!

Fidelity was one of two sponsors for the February 24th and 25th CIAS (Certified Investor Agent Specialist- http://www.cias.com/) training series. As a long time sponsor and friend to Alex and Cadey Charfen with the Distressed Property Institute, we want to congratulate all those Real Estate Professionals that have gone through the training, are going through the training and will be going through the training in the future.

Here are some great stats from the event:

*In 2009, 20% of purchases were Investor purchases.

*Short Sales have increased 126% since 2009.

*Foreclosure sales accounted for 31% of all residential sales nationwide.

According to NAR:

· 2009 49% of Investors used an Agent of Broker…that means that over 50% of Investors did not use an Agent in 2009

· 1 in 5 residential transactions in 2009, 20%, of the market, was comprised of investor purchases

Additionally, it is said that the last option ARM wave will hit October/November 2011 and an estimated 68% will default on their mortgage, 38 billion dollars. There is no better time for Investors!

To sign up to become a CIAS visit our website at http://www.fntarizona.com/

Here are some other program highlights and market data discussed at CIAS.

· Best time to be in real estate in 20 years- Sellers Need You, Buyers Need You, Investors Need you and The Market Needs you! Everyone is affected by the Distressed Market.

· CIAS helps connect investors to communities that need help. In Arizona this is especially relevant.

· Don’t purchase for appreciation when buying a home. Purchase for cash flow. This is why so many Arizonians got in over their head 2005 and 2006.

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