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A New Wave of Foreclosures?

By
Services for Real Estate Pros with HomeVestors

We could be on the verge of seeing a whole new wave of foreclosures, dislocating hundreds of thousands of distressed homeowners across the country and further roiling the housing market.

Following the “robo-signing” fiasco late last year, the number of foreclosures has been lower than it might have been, but unfortunately, that reduction in numbers has been deceiving. It has only served to delay the inevitable. A recent ruling by a New Jersey judge could be one of the first breaks in the logjam. Read more...

Follow John regularly at www.oyezz.com/news where you'll find insightful commentary on short sales and the turbulent housing market.

John Anderson is president of Oyezz Real Estate, the leading short sale firm in the Dallas Fort Worth market. John and his team of experienced short sale agents and negotiators help homeowners with difficult real estate situations associated with foreclosures, probate, and other challenges. Homeowners can contact Oyezz online at www.oyezz.com or by calling 972-342-0011. Agent referrals are also welcome. Contact John to learn about Oyezz’s referral program.

Charles Stallions
Charles Stallions Real Estate Services - Pensacola, FL
850-476-4494 - Pensacola, Pace or Gulf Breeze, Fl.

A lot of ours are just slowly being put on the market we have a 14 month supply and I think another three years before it even breaks.

Sep 07, 2011 03:06 PM
Pat O'Reilly
RE/MAX..214-289-6176 Irving and all of Dallas Fort Worth - Irving, TX

It will be interesting to see what happens and what areas will be affected..thanks for the post

Sep 08, 2011 10:38 AM