December was a great month for home sellers and buyers! The numbers are UP! Homes sold briskly, especially those priced towards entry level homebuyers. A total of 32 total home sold in December, with 25 homes selling for under $300,000.

It’s saddening to report Eureka’s area foreclosure rate continues to increase, both in the number of home owners entering into pre-foreclosure and those going to bank auction. These numbers could have been significantly higher except for a 2-week foreclosure moratorium most banks extended over the last two weeks of December. I fear January’s and February’s foreclosure numbers will be dramatically higher. Please, if you know anyone who is unable to keep up with their mortgage payments, have them call me - right now. There are simply too many options available to let a catastrophic event like a foreclosure auction destroy a person’s financial future for the next 5-7 years.

I have set up a special website ( just for distressed homeowners. It has the very latest information on foreclosure avoidance including President Obama’s HASP, HARP and just released HAFA loan modification programs. If you or someone you know has questions about how to get out of a pre-foreclosure, my website has answers. Yet the best option is to just drop me an e-mail or give me a call.