• Foreclosure hits author’s childhood home http://bit.ly/6aMmuI SC #
• NAR Conference follow up – Certified Short Sale Agent Designation – http://eepurl.com/fbUp #
• NAR 2009 Conference – Certified Short Sale Agent certification discount extended! – #NAR09 – http://eepurl.com/e_QK AS #
• National Association of Realtors – Certified Short Sale Agent follow up – http://eepurl.com/e_QK #
• Check out the best places in America to raise your kids (According to Business Week): http://ffs.cc/a/ih2r9t TM #
• Philadelphia Gives Homeowners a Way to Stay Put. SC http://ffs.cc/a/9×7omj #
• Deal of the Day, Kokomo edition: 2 bed/2 br 1,340 sq. ft. Key Largo,FL, beach house. (130% under value!) http://ffs.cc/a/lw1g54 TM #
• Thank you to all the agents who stopped by to say hi at NAR. We enjoyed meeting all of you and thanks for the kind words. SC #

• FHA possible change to Condo market http://bit.ly/2sVATl LY #
• We attended some very engaging sessions at REbarcamp, San Diego. #REBCSD SC AS #
• Training Day: Foreclosure agent training at Foreclosure.com receives key endorsement from FREC — http://ffs.cc/a/hioppl — TM #
• Deal of the Day, Hurricane Ida edition: 3 bed/2.5 br 2,070 sq. ft. Alabama slammer. (123% under value!) http://ffs.cc/a/5indkw TM #
• The rental market will be interesting to watch, given what Fannie and Freddie are doing LY #

• If only there was a mouse out there that had 18 buttons. Oh, wait a minute, there is … http://bit.ly/lYFBZ #
• Obama signs $8,000 first-time buyer tax credit extension; $6,500 for existing homeowners to buy new places. http://ffs.cc/a/cna88e TM #
• Index shows rise in commercial real estate values http://bit.ly/440Daz SC #
• Deal of the Day, World Series edition II: 4 bed/3 br 5,000 sq. ft. Bronx bomber. http://ffs.cc/a/6e7en8 TM #
• @saulcolt That’s funny! Not very profitable but funny… LY in reply to saulcolt #
• Deliver your presentation to people, not to your computer. I like that! LY #
• Training Day: Learn how to make money in commercial real estate — http://ffs.cc/a/lgtd80 TM #
• Getting materials ready to ship to NAR. Agent special for all you stop at the booth LY #
• Deal of the Day, MNF edition: 5 bed/4 br 4,292 sq. ft. Falcon’s nest in Atl. Pot. equity = $183,450 (114% under!) http://ffs.cc/a/usqx3q TM #
• @deanpiccirillo Sorry you got hacked. We got the spam as well. I’m glad I investigated. SC #

• Wall Street Journal: Home Buyer Credit Gets New Life http://ffs.cc/a/piooy6 TM #
• Deal of the Day, Elm Street edition: 6 bed/4 br 4,200 sq. ft. “Deal” in Sleepy Hollow, N.Y. http://ffs.cc/a/vhoh4i TM #
• Met some amazing brokers at the Sotheby’s International Realty Manager conference in Jersey City. LY #
• Deal of the Day, World Series edition: 4 bed/3 br 2,350 sq. ft. Philly fixer upper. Pot. equity = $12,100 http://ffs.cc/a/6u6r5k TM #
• Free email newsletter: Hot real estate markets in the U.S. in 2009 and beyond — http://bit.ly/3NQYPl TM #
• Deal of the Day, Last Frontier edition: 5 bed/5 br 5,380 sq. ft. Alaskan refuge. Pot. equity = $359,925 (97% under!) http://bit.ly/xkfa8 #

• I just registered for REbarcamp San Diego on November 12. Looking forward to it! http://ffs.cc/a/e9qvjk #rebarcampsd SC #
• Automation is the key as long as we can remember to not forget we are dealing with humans. LY #
• Real estate pros: Attend virtual REbarcamp on Nov. 17 9am-4pm. http://rebarcamp.com/virtual/ #VREBC SC #

• Coldwell Banker Global Management Summit was a great experience. LY #
• BLASTO! Bookmark our custom URL shortener. All the cool real estaters are doing it. It’s Twitterlicious: http://blasto.ffs.cc/ TM #
• America’s Strange Homes For Sale http://bit.ly/48BBHR SC #
• Uh oh! House From ‘Rain Man’ Movie Facing Foreclosure http://bit.ly/bg0bJ TM #
• Success: If A is success in life, then A equals x plus y plus z. Work is x; y is play; and z is keeping your mouth shut. – A. Einstein SC #
• Headed to the Global Management Summit for Coldwell Banker LY #

That’s how Kendi Kiogora, a 28-year-old first-time home buyer, described her recent experience at a Chicago-area auction, anyway.

And when you hear about the deal (or steal) she made off with it’s hard to argue otherwise.

Kendi purchased a “one-bedroom, one-bath apartment in Chicago’s trendy South Loop neighborhood, with skyline views and heated parking, for just $105,000,” according to Reuters.com feature today. The final sale price was $62,000 less than its last listing and well below true market value.

Her good fortune is just more proof that it’s a buyers market. Plain and simple. Opportunities to buy homes at deep discounts have never been better than they are right now.

And according to Dave Webb of Hudson & Marshall, one of the biggest players in the real estate auction business, more amazing deals could flood the market in the very near future.

Here’s a snip:

“The foreclosures are going to explode again.”

Why?

Mr. Webb points to moratoriums that have or are about to expire on foreclosures, which were put in place months ago by major lending institutions and banks to minimize defaults and stabilize the market.

However, this well-intentioned move may have just delayed the inevitable and, as the report suggests, an “avalanche of new repossessions” could be on the horizon.

So keep your eyes peeled in the coming days and months for your winning real estate ticket on Foreclosure.com. Or just use our FREE foreclosure email alerts and we’ll keep our eyes peeled for you.

To check out upcoming real estate auctions from Hudson & Marshall in your area click here.

Late 2010, according to the Mortgage Bankers Association (MBA), which serves as the national association that represents the real estate finance industry.

Jay Brinkmann, MBA’s the chief economist, recently shared the prediction during the group’s annual conference in San Diego, California.

Here’s a snip via Bloomberg.com:

“Foreclosure rates will continue to climb through late next year, peaking only after the U.S. unemployment rate reaches 10.2 percent in the second quarter…. ‘This recession is like a hurricane: You’ve survived the storm and you have a big mess afterwards,’ [said Brinkmann]. The effects of the recession, which he said probably ended in July, will linger for ’some time’ in the form of higher unemployment, fewer mortgage originations and lower business development, he said.”

The good news is that there appears to be light at the end of the tunnel.

In addition, it serves as yet another reminder that the “for sale” foreclosure inventory will soon begin to wane as fewer homeowners fall into distress and more buyers flood the market to capitalize on great deals.

Remember, foreclosures are often the first stop for smart house hunters and investors because of their value — you can typically get way more house and pay much less for it the closing table.

Start your search on Foreclosure.com today right here. It’s FREE for seven days. We also provide FREE email alerts, which keep you constantly on top of the best deals that pop up in your area … and you don’t even have to lift a finger. Click here.

• Deal of the Day, Ore. edition: 4 bed/3.5 br 3,342 sq. ft. mountain manor. Pot. equity = $552,110 (69% under value!) http://bit.ly/3E8PIC TM #
• Still looking for foreclosures? Find half-priced homes in your area today – http://eepurl.com/d4vF #
• Full-sized Lego house gets deconstructed because of no buyers: http://bit.ly/w1rPg TM #
• Looking for exam fulfillment technology…Agent University is rockin LY #
• Deal of the Day, Tar Heel edition: 6 bed/5.5 br 6,000 sq. ft. NC manor. Pot. equity = $495,160 (77% under value!) http://bit.ly/U6Dj1 TM #
• Linda Martignetti with C21 to host free consumer seminar on Oct. 13 RE: distressed homeowners finding REAL solutions http://bit.ly/1NxKoa LY #
• Wall Street Journal: Distressed-property listings can be obtained from Web sites such as Foreclosure.com. http://bit.ly/16kSEN TM #
• Love it when you can get the State of Florida on the phone and receive answers LY #
• Linda Martignetti with C21 hosting a free consumer seminar on Oct 13 about the homeowners finding REAL solutions http://bit.ly/BkcA1LY #

• Brad Geisen to Bloomberg News: Banks may be more willing to accept foreclosure alternatives — http://bit.ly/4zau3T TM #
• Great article on “Tweets” for Real Estate professionalshttp://bit.ly/XSVaJ LY #
• Great collaborative meeting with Lynn University LY #
• Deal of the Day, desert edition: 3 bed/4 br 3,029 sq. ft. Arizona oasis. Pot. equity = $551,780 (122% under value!) http://bit.ly/gn3j2 TM #
• Cool social media pillows for your home http://bit.ly/NeDhq SC #