Foreclosure sales still very active in the area

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1 comment:

  • KyleHause posted at 8:07 pm on Thu, May 15, 2014.

    KyleHause Posts: 2

    As an industry professional, it's hard to hear all the news about the foreclosure crisis ending. It's not. Foreclosures are declining, certainly, but there are so many people out there still struggling, and still hundreds of thousands of dollars underwater. Shadow inventory, which is all the people who want and need to sell, but won't because they are underwater, is behind the recent rise in prices. The next recession, the foreclosure crisis will be back. It's going to be a very long time before this is all over.

     

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