bobbyw24
03-05-2010, 07:19 AM
In an effort to develop a clear view of the real estate market, Homes & Land, a Tallahassee, Florida-based provider of real estate media and marketing, recently asked thousands of real estate agents for their opinions about their local real estate market and published the results in its Market Pulse Survey Report.
When asked if the Home Affordable Modification Program “has reduced the rate of foreclosures in your market,” only 10 percent of respondents said yes. Of those remaining, 65 percent responded no, and 25 percent were unsure.
“Unfortunately, the data on the program to date and the responses from our survey show that HAMP has done little to help,” said Eric Adair, business development analyst for Homes & Land. “Clearly respondents to our survey don’t believe this program is helping to reduce foreclosures.”
http://www.dsnews.com/articles/only-10-of-realtors-think-hamp-is-reducing-foreclosures-survey-2010-03-04
When asked if the Home Affordable Modification Program “has reduced the rate of foreclosures in your market,” only 10 percent of respondents said yes. Of those remaining, 65 percent responded no, and 25 percent were unsure.
“Unfortunately, the data on the program to date and the responses from our survey show that HAMP has done little to help,” said Eric Adair, business development analyst for Homes & Land. “Clearly respondents to our survey don’t believe this program is helping to reduce foreclosures.”
http://www.dsnews.com/articles/only-10-of-realtors-think-hamp-is-reducing-foreclosures-survey-2010-03-04