4/23/09

Today's Topics:

• Lost Our Home Pet Foundation http://www.lostourhome.org/
• Market Update: The Cromford Report 4/21/09
  

LOST OUR HOME PET FOUNDATION

Dear Friends,

Nothing tugs at our hearts more than stories about families in trouble and, sadly, today we are hearing way too many of those sad stories. As families face the incredibly difficult trials of financial disaster, they often face the added emotional strains of being unable to care for their family pets. Unfortunately, as many families lose their homes to foreclosure and eviction, they are no longer able to deal with their family pets and some just leave their pets behind as they walk away from their homes.

Lost Our Homes Pet Foundation is a nonprofit group of real estate professionals who rescue pets left behind due to foreclosures or other financial hardship. I first learned about this organization when I read a recent article in the Arizona Republic. I was deeply touched by the commitment of these pet-loving volunteers.

My intent in sharing information about this wonderful organization was to let you know how you can help. But, a funny thing happened on my way to send this to you... I decided that I should put my money where my mouth is, and I stopped in the middle of writing to fill out an application to volunteer myself. I hope you will visit Lost Our Home's website to see what they do and to see what you, too, can do to help. Below are some suggestions for you...

How You Can Help Us

Volunteer:	This organization wouldn’t be possible without the help of our loyal and dedicated volunteers. If you’d like to lend a hand please click here to see how you can help.
Foster:	Everyday, many pets are left to fend for themselves; abandoned by their owners due to financial distress. Without the help of loving foster parents, most of these pets would never be given a second chance. If you’d like to aid us in our mission to re-home these forgotten pets, click here.
Adopt:	We have many loving pets that have previously been abandoned or neglected. To browse through our current database of homeless pets looking for their “forever home,” follow this link.
Donate:	Lost Our Home Pet Foundation is funded entirely by the generous donations of people like you, and business sponsors. Without this help, our far reaching efforts wouldn’t be where they are today. Click here to help make a difference.

CROMFORD REPORT - 4/21/09

We have added about 500 Pending (Contracts in Escrow) Listings and lost 1,200 Active Listings in the last seven days. There are about 3,100 AWC (Active With Contingency) listings among the actives, of which some 2,500 are short sales.

The average $/SF (Price Per Square Foot) for pending listings is $88.88, which is higher than both last week and last month. The lowest reading of average $/SF for monthly sales was recorded on April 6. This measurement is now moving sideways to slightly higher.

We continue to see a slower rate of trustee sales. The 7,878 REO (Bank Owned) listings on ARMLS represent just 1.6 months supply at the current monthly sales rate.

- Mike Orr, The Cromford Report

Remember: GREEN is good!!