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22 VALUE ADDED SERVICES Property Maintenance Cleaning Services Landscaping Pools: Service/Repair Rehabs Tree Removal Remodels Plumbing Services Electrical Garage Doors Repair Services Eviction/Re-Key Services Foundations Interior & Exterior Painting Flooring Sales & Installation Roofing A/C & Heat Pest Control Appliances Investor Services Property MGMT Services Builder's Warranty Services Emergency Services Board Up/Roof Tarp Insurance Restoration Water Mitigation/Fire Demo's Service areas inclusive of, but not limited to: TX, OK, TN, GA, MS, LA, AR, AL, Truly Noble Services, Inc. | www.trulynobleservices.com | (855) 898-2455 We've honed our skills for over 25 + years as a leading services provider in property preservation, rehabs, and repairs. Our commitment to bringing quality and consistency of services to the forefront shows in our dedication to training and constant technology updates to ensure our customers that we will be there for future support in services. All this commitment has laid the foundation for our long term success. From real estate agents to corporate clients who need anything from property maintenance to remodeling, we will show you why Truly Noble Services has earned the reputation as the service provider of choice. Where Servicing and Property Services Meet PROUD TO BE A VETERAN OWNED AND OPERATED BUSINESS American Mortgage Diversity Council Where Diverse Groups Share Common Goals. LOW INVENTORY BECOMING PROBLEMATIC According to the recent Fannie Mae Economic Developments report, issues with housing inventory continue to plague the market due to an increase in household formation that housing supply cannot keep up with. e report said that these factors will be the biggest issues facing renters looking to move into homeownership. "e number of existing homes for sale declined 6.8 percent in the third quarter from a year ago, marking the sixth consecutive quarter of year-over-year decreases and the largest drop since the second quarter of 2013," Fannie Mae said. "CoreLogic data by price tier continued to show tighter supply and more rapid price gains in the lower tiers of the home sales market." Despite these challenges, Fannie Mae said, "encouragingly, the homeownership rate has recently shown signs of stabilization." "e rate rose 0.6 percentage points in the third quarter, offsetting the drop in the prior quarter, and stood two-tenths below the rate in the third quarter of 2015," added the GSE. E. omas Booker, III, Managing Director at the Collingwood Group, shared similar sentiments for the increase in homeownership and the direction the rate is headed in the next few months. "e homeownership rate can also be thought of as a measure of the confidence in the economy," Booker said. "I believe homeownership rates will increase in 2017. Continued job growth, sustained income gains, and the expectation of increased economic activity will tempt many who have a bias for owning, but have endured years of steadily increasing rental rates, to a decision point." Booker added, "If growth rates are closer to 2 percent or greater, the homeownership rate will be a primary beneficiary. As long as rates rise moderately and the political environment does not become a major economic consideration (taxes, radical changes to healthcare, entitlements, etc.), 2017 should be bullish for housing and homeownership." In likeness to Booker's predictions, Fannie Mae's report stated that it anticipates improvement in housing activity, particularly with housing starts and home sales in 2017. There are roughly 250,000 more borrowers in active foreclosure than there would be in a healthy market. Source: Black Knight Mortgage Monitor STAT INSIGHT 250,000