Foreclosures Down 4% in October
Posted on 11th November, by waz in news. Comments Off
This article details the latest foreclosure market information. I was really blown away by the fact that this was the 20th consecutive month of 300,000+ foreclosures. I had not realized that it had been that long AND that bad.
In regards to the 4% decline, we all were expecting a little drop due to the robo-signing mess! I actually thought it would be higher. If the market in Maricopa Arizona is any indication, I am expecting even lower numbers in November. Obviously, all this means is that we will be seeing a huge increase sometime after the first of the year!
