Foreclosure pipeline about to burst?
As the year is coming to a close I have noticed that the foreclosures are starting to hit the market with astartlfree vengeance ! I believe this is the start of what we as realtors have been expecting for over 18 months?
I have created a special blog category to help keep buyers current with the foreclosures and short sales -
Visit the blog and subscribe to the rss feed to stay on top of the new listings the day they hit the market!
in our MLS we are now seing 50% of the homes going under contract being lender owned, corporate owned or foreclosure. Of course when we say corporate owned we mean Fanie Mae or Freddie Mac....