Foreclosures, are they back?

The places with the biggest increases in foreclosures will blow your mind!


Are we seeing a resurgence of foreclosures? The data shows that in about 44% of metro areas, we are. We have talked a lot about pivot points in markets and where to find them. Well, I would absolutely call an increase in foreclosures a pivot point! In fact, right here on this show we speculated years ago that the bad lending practices we began to embrace about 6 years ago would come back to bite us in exactly this way. It sounds like we might have just been pretty close to right. While it is interesting that we are seeing this increase, it is some of the specific areas we are seeing it that is most revealing. I am willing to be that some of the areas that are at the top of this list will blow you away!

So tune in for our discussion of the recent increase in foreclosures.

Are renters becoming buyers? Is subprime lending out of hand?

Plus, more subprime lending evidence Lots of interesting data to cover today. Some of it a bit scary – like subprime lending practices. Some of it a bit encouraging. Here is the list of todays articles: More Lenders Easing Up Credit Standards Spike in Renters Looking to Buy Reis: Apartment Vacancy …

Today Links:


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#babyboomer, #realestate, #foreclosure,#foreclosures

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