Distressed Properties....A Disappearing Phantom

Since 2008, Foreclosures and Short Sales have been the cause of much pain and suffering for home owners.  Lately, it has been the bank suffering from Government and Private lawsuits over the handling of all the foreclosures and short sale properties that have been taken over.

It has been just plain ugly.   Yet the news is so good.  In most state, foreclosures and short sales are become like a disappearing phantom of pain.   A number of states are under 1% distressed properties:  Virginia, you are one of the lucky states!!!!

The source of the data is CoreLogic that has been tracking the results relentlessly! 

Check out the map below!!