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(English) Foreclosure Trends VERY Different in Different Markets

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2 comentarios
  1. Dave
    Dave Dice:

    This post reminds me of too many “talking head” commentaries from the mass media. These statistics are tossed out there with no more context than “judicial” and “non-judicial”. To those not directly involved in real estate or economic issues it can make “foreclosure” – used here and in many other forums as a generic term – look like a runaway train in “judicial” states where the opposite may be true. In most of these states it means that we are starting at last to make progress through the long slog through this process, and the properties that have been in the “shadows” for so long will finally see some resolution. What it does not necessarily mean is that foreclosure starts are explosively increasing in those states. Don’t expect much from the “talking heads” but I do expect something more thorough from KCM.

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