WAYNE, NJ, March 03, 2011 (Press-News.org) According to Charles Blumenkehl, managing partner for Blue Asset Management, real estate investor of performing and non performing mortgages and distressed real estate, the number of properties reaching the end of the foreclosure cycle are increasing and will dramatically add to the supply of homes availble to today's home consumer. The result will manifest itself, according to Blumenkehl, in increased pressure on home pricing, particularly on REO's as banks will find themselves needing to either engage value enhancement strategies which will enable them to open their inventory to buyers who would not otherwise have the funds necessary to rehabilitate the home, or lowering their prices so investors will still be able to create equity for their investments by making the needed improvements.
Blumenkehl added, "The market is not responding well right now to the buying incentives it isn't receiving. The only true incentive available to today's homebuyer are the historically low rates and low prices that are only available to the most creditworthy of borrowers, and that discounts a large portion of buyers who should otherwise be a part of the process of fulfilling the American dream of homeownership. And even those buyers find their enthusiasm tempered by by the difficulties imposed throughout the mortgage loan origination system as designed to meet today's lending concerns."
According to Charles Blumenkehl, the market will eventually thin out, with even areas that have 13-18 months of inventory and climbing hitting their apex, and eventually inventory levels will lessen. When asked when he thought that might be, Blumenkehl said he didn't have the answer but said "God stopped making land a long time ago but he hasn't stopped making people, especially those moving to the United States. Eventually, the people will overtake the land, and the pendulum will swing in the other direction."
For more information about Charles Blumenkehl or Blue Asset Management, log onto the company website at http://www.blueassetmanagementllc.com or call the company directly at (973)835-1400
Blue Asset Management LLC Forecasts Slowdown in Sales of Distressed Properties
According to Charles Blumenkehl of Blue Asset Management the number of foreclosures reaching the end of their process are increasing creating pressure on house pricing while making consumers take longer to choose.
2011-03-03
ELSE PRESS RELEASES FROM THIS DATE:
Accorhotels.com Steps Up Expansion On The Web Mobile Channel With Two New Smartphone Applications
2011-03-03
Users of Blackberry and Samsung Bada smartphones will have a dedicated application, providing access to more than 3,000 hotels around the world that operate under the Pullman, MGallery, Novotel, SuiteNovotel, Mercure, Adagio, ibis, all seasons, Etap Hotel, and Formule 1 brands. Intuitive and accurate, these Accorhotels.com applications will include functions that enable users to conduct searches according to predefined criteria like, geolocalization and current date and also refine their search depending, for example, on preferred brands or number of children and further ...
Real Estate Event with Robert Shemin, Lex Levinrad and David Dweck to be held in Fort Lauderdale
2011-03-03
Real Estate Event with Featured Guest Speakers Robert Shemin, Lex Levinrad and David Dweck to be held in Fort Lauderdale, Florida on Saturday March 12th 2011. This event will teach investors about creating wealth with real estate and how to invest in foreclosures, bank owned properties and short sales. "We are holding this event because this is the best time to get started as a real estate investor" said event organizer Levinrad.
Robert Shemin is one of the country's most successful full time real estate investors and leading real estate experts and has been featured ...
Boiler Room Equipment: HeatSponge SIDEKICK Eventually Exposed Boiler Room Go Steam
2011-03-03
Boiler Room Equipment, Inc, is very pleased to eventually introduce the SIDEKICK type of condensing boiler economizers for industrial and conventional warm water boilers. Fisher Capital on Boiler Room Equipment, Inc, - The Sidekick continues to be in advancement for almost a couple of years and shows an transformative growth of high-proficiency installations in the boiler market. The SIDEKICK is a warning game changer the likes of which have not been knowledgeable since the launch of the very first condensing boilers. The SIDEKICK provides the capability to combine condensing ...
Xlibris Publishing Offers Full Proceeds with their Newest Add-On Service
2011-03-03
Other than seeing their creations in physical and electronic forms, royalties are fruits of the author's labor. Xlibris Publishing, one of the leading indie book publishers today, is offering authors the chance to take control of their book's future.
Xlibris Publishing is providing authors a cutting-edge approach to self publishing with their latest book publishing add-on service; the 100% Royalty Program. The said book publishing add-on service allows authors to not only set a competitive retail price for their book; it allows them to reap all the benefits as well. ...
The New School of Monmouth County School Hosts Open House March 5th in Holmdel NJ
2011-03-03
The New School of Monmouth County (www.the-new-school.com) is hosting its informational Open House for parents of children aged 5-13 on Saturday, March 5th from 10 am to 2pm. Parents and children are welcome to tour the school, speak with Dr. Susan Chilvers, Director, as well as the school's teachers. Parents and currently enrolled children will also be in attendance to answer questions.
It seems that every day brings new tales about our school systems: Budget woes, children failing or dropping out, the teachers' unions fighting with local administrators. What is being ...
World's First Wikimusical Ready for Contributors
2011-03-03
The Xerxes' Atlas team in Auckland have today announced they're ready for contributors to the world's first Wikimusical.
Like the jet boat, the bungee jump, and even the humble pineapple lump; this is a true New Zealand invention. 'Xerxes' Atlas', the world's first wikimusical, aims to re-connect the theatre with young people through the power of the internet as a tool for collaboration.
The term 'wiki' - like 'open source' - usually refers to a website or free software designed for multiple people to collaborate by adding and editing content. For Xerxes' Atlas this ...
Sandy Puc's Passion Tour With Jerry Ghionis Makes a Stop in Orlando
2011-03-03
Colorado based photographer Sandy Puc' and acclaimed wedding photographer Jerry Ghionis will be in Orlando on March 6, at the Crowne Plaza Hotel to share their expertise in marketing and wedding photography with the Power of Passion Tour. The tour kicked off in Denver on February 12 and will be stopping in 32 cities across the United States.
The seminar exhibits the newest tips and expertise of wedding photography and how to market your business. Puc' and Ghionis will share their passion and expertise for their craft with seminar attendees. A trade show featuring the ...
Dallas Based Lundi Laux Brands Launch Imbodyment Health & Beauty Expo Tour Encouraging Minority Women to Be More Health Conscience
2011-03-03
Lundi Laux, founder and president of Lundi Laux Brands, will launch the Imbodyment Health & Beauty Expo (IHBE), a national ten city tour targeting African-American and Latina women, March 12, 2011 at the Southwest Center Mall (formerly Red Bird Mall) in Dallas, TX.
Prepare to be dazzled as IHBE delivers an electrifying display of eye-popping hairstyles, hot make-up trends, breath-taking fashion designs, ingenious photography, informative Health Speakers, talented performing artists and the highly anticipated launch of The Mane Society Magazine.
Hip-hop pioneers, ...
Sketch Maven Allows Fans From Across the World to Buy and Sell Original Comic Art
2011-03-03
While cartoons and comic books have long been popular around the world, Sketch Maven is introducing the very American hobby of collecting original comic art to cartoon and comic fans globally. For the first time, people from outside the United States now can buy and sell published original comic art (the hand drawn black and white drawings used to create a comic book), original cartoon art, color guides and sketches on SketchMaven.com.
"We've had a lot of interest from people in countries like Australia, China, Japan, Spain, and the United Kingdom," says Mike Todasco, ...
Jazz flutist Ilona Kudina Releases NOTHING BUT ILLUSION with drummer Billy Hart, trumpeter Greg Hopkins, pianist Vardan Ovsepian and bassist Akili Jamal Haynes
2011-03-03
Ilona Kudina, who hails from the tiny Republic of Latvia and who has been living in Boston since 2001, is a fine flutist Informed by rigorous childhood classical training in Europe but equally comfortable in jazz genres. Her impeccable classical performances have been recorded on several CDs and she has been heard in many classical and jazz concerts throughout the Greater Boston area. A flutist, composer, arranger, band leader and producer, her performing career began at age six. She has toured extensively throughout the United States, Canada, and Europe.
Now, Kudina ...
LAST 30 PRESS RELEASES:
Stem cells from human baby teeth show promise for treating cerebral palsy
Chimps’ love for crystals could help us understand our own ancestors’ fascination with these stones
Vaginal estrogen therapy not linked to cancer recurrence in survivors of endometrial cancer
How estrogen helps protect women from high blood pressure
Breaking the efficiency barrier: Researchers propose multi-stage solar system to harness the full spectrum
A new name, a new beginning: Building a green energy future together
From algorithms to atoms: How artificial intelligence is accelerating the discovery of next-generation energy materials
Loneliness linked to fear of embarrassment: teen research
New MOH–NUS Fellowship launched to strengthen everyday ethics in Singapore’s healthcare sector
Sungkyunkwan University researchers develop next-generation transparent electrode without rare metal indium
What's going on inside quantum computers?: New method simplifies process tomography
This ancient plant-eater had a twisted jaw and sideways-facing teeth
Jackdaw chicks listen to adults to learn about predators
Toxic algal bloom has taken a heavy toll on mental health
Beyond silicon: SKKU team presents Indium Selenide roadmap for ultra-low-power AI and quantum computing
Sugar comforts newborn babies during painful procedures
Pollen exposure linked to poorer exam results taken at the end of secondary school
7 hours 18 mins may be optimal sleep length for avoiding type 2 diabetes precursor
Around 6 deaths a year linked to clubbing in the UK
Children’s development set back years by Covid lockdowns, study reveals
Four decades of data give unique insight into the Sun’s inner life
Urban trees can absorb more CO₂ than cars emit during summer
Fund for Science and Technology awards $15 million to Scripps Oceanography
New NIH grant advances Lupus protein research
New farm-scale biochar system could cut agricultural emissions by 75 percent while removing carbon from the atmosphere
From herbal waste to high performance clean water material: Turning traditional medicine residues into powerful biochar
New sulfur-iron biochar shows powerful ability to lock up arsenic and cadmium in contaminated soils
AI-driven chart review accurately identifies potential rare disease trial participants in new study
Paleontologist Stephen Chester and colleagues reveal new clues about early primate evolution
UF research finds a gentler way to treat aggressive gum disease
[Press-News.org] Blue Asset Management LLC Forecasts Slowdown in Sales of Distressed PropertiesAccording to Charles Blumenkehl of Blue Asset Management the number of foreclosures reaching the end of their process are increasing creating pressure on house pricing while making consumers take longer to choose.