Phill Grove, a real estate mogul who has participated in more than 1,200 real estate transactions since 2003, releases a report on how the housing market is doing.
Austin, Texas (PRWEB) July 27, 2012
The Housing Market experienced another down month in sales in June as pre-owned home sales showed a drop of almost 5.5 percent over the previous month of May. Is this a sign that the housing market may not be as rosy as recent reports say it is? Phill Grove, Austin real estate investor and creator of the first post bubble real estate investing strategy 'The Assignment of Mortgage Payments System" created a report designed to answer that question. To view this report, please visit http://www.reimaverick.com/is-the-downturn-in-june-home-sales-a-temporary-setback/.
"From a traditional sense, meaning relying on banks to provide financing, the housing market is still in great trouble because banks just aren't lending," says Mr. Grove, who owns the Austin based real estate investing companies Hippie Hollow Homes and Love American Homes. "However, those real estate professionals who are creative and knowledgeable about their real estate market can still have success."
So what does Mr. Grove, who will be speaking at the Big Live Event with Stedman Graham and other in Chicago, Il., this weekend, think the key to having success in today's real estate market is?
"Despite banks not lending, you can still have a successful real estate career," continues Mr. Grove, who since 2003 has participated in more than 1,200 real estate transactions totaling more than a quarter of a billion dollars. "If you want success, then your business must solve problems. The biggest problem facing sellers is selling houses without having to come out of pocket. The biggest problems facing buyers is qualifying for financing. Real estate professionals who are able to solve both of these problems will profit greatly in the upcoming years."
To view Mr. Grove's solutions to these problems, please visit here.
For the original version on PRWeb visit: http://www.prweb.com/releases/prwebPhill-Grove/housing-market/prweb9737070.htm
This article (Real Estate Mogul Phill Grove Releases a Report Detailing the Answer to “Is the Recent Home Sales Downturn a Bad Sign for the Housing Market?”) was originally developed by and is property of American Banking News. Checkout American Banking News for up-to-date banking news and peer to peer lending news.