Foreclosures in your area today.
The numbers are Way up…:shock:
They are expected to grow even more with all of the creative mortgages written in the last couple of years. Not a good time here in Dallas area to be an RE Investor in the sub $140K home market. Also with the large number of new homes under construction it is having an affect on existing home sales from $140K+ as well.
Might not be necessarily good for flipping but for buying, holding and renting, seems pretty good! I hear the rental market may be a little soft however, but forclosed folks gotta live somewhere.
I should of said in Arizona, California, and Nevada…they are way up!
Texas looks to be in damn good shape, comparably.
Oh lord your a riot.
How does your wife put up with you?..
He’s got a big peahole! With bears in it!
If only that was it, most times she can bearly stand me.
Colorado way up also…I didn’t follow your link…but the 3 realtors I deal w/ for servicing their foreclosures are very busy. Good for me…good for the realtors…bad for the economy.
I am picking up a foreclosure in the coming weeks for about 40% of fixed up value…I am not worried about selling it at all…even in a market such as this, there is always somebody looking for a sub 130k home…in my opinion that market (IN MY AREA)…is always relatively stable compared to the high dollar homes.