Brewer Caldwell - August Bankruptcy

August bankruptcy

As I have been to my office in Brewer Caldwell Property Management, I received an e-mail with an article in it. The article was on www.azcentral.com by Russ Wiles entitled bankruptcy in August valley deposits a monthly high. Russ said many things that may well apply to the housing market in the Phoenix area for investors and also for those who may have lost their homes and are seeking a good rental property. Here Brewer Caldwell in property management, we hope we can help!

Jumping right in the article says Russ,

“The Bankruptcy Court of the United States in Phoenix in 1303 recorded deposits of the valley in August, as consumers faced with weak housing, job losses and other problems. What ’s 88 percent Jumping into the valley of bankruptcies compared to August 2007. Deposits increased 34 percent year on year in Tucson and 39 percent in Yuma. ”

Here in Brewer-Caldwell Property Management our rental agents to talk about many of these people who have filed bankruptcy on a daily basis. Our staff leasing by Brewer-Caldwell Property Management can help you find an affordable house almost anywhere in the valley. Our agents work with you and help you during this difficult time.

Russ goes without saying,

“The Valley ’s once-robust job-growth engine slid backwards. In addition, housing prices here are particularly low.
Phoenix suffered the biggest monthly decline in June 20 cities tracked in the S & P / Case-Shiller home price index.
You ‘is to see this domino effect, Phoenix bankruptcy lawyer Diane L. Drain said.
The list, she says, now includes sub-contractors affected by the housing crisis, former millionaires too stretched and owners caught by a surprise freeze in their home-equity lines of credit.
The rate of unemployment, medical problems and divorces still lead many bankruptcies, as before, Drain said. But now, you ‘is to see the problems with real estate people, investors and others.

At Brewer-Caldwell Property Management, we understand that this is a difficult time for many who live in the valley. Also at Brewer-Caldwell Property Management, we understand that there are opportunities for those who have the capacity to invest and see “buyers market”. When we see that Phoenix has suffered the biggest monthly decline in 20 cities, we see that it is a great time for investors to increase their market.

Brewer Caldwell Property Management can help you find a rental property when you are in a financial bind. Brewer Caldwell and property management can help you buy and then manage investors dream house!

This entry was posted on 3. October 2008 at 21:15 and is filed under Brewer Caldwell. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response or trackback from your own site.