Tuesday, October 18, 2011

U.S. Q3 foreclosures down 34%: RealtyTrac


More good news!!!!

Foreclosures continue to decline while many markets are also seeing a severe reduction in inventories of available homes
to buy.

Is it because sellers aren't willing to dive into the market? Or are buyers snapping up the homes(foreclosures or not) that provide
a compelling price/value scenario quickly to nab 4% rates?

With sales up in most markets, it must be the latter. In Hampton Roads, specifically, we have seen improving sales since
April.

Click and enjoy!
U.S. Q3 foreclosures down 34%: RealtyTrac
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