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. Today Links:



https://www.attomdata.com/news/market-trends/foreclosures/july-2018-u-s-foreclosure-market-report/



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#babyboomer, #realestate, #foreclosure,#foreclosures