Home > Blogs > Kay Van Kampen > Springfield Mo Real Estate Blog

Buyers Are Missing The Foreclosure Bubble - Springfield Mo Foreclosures

By Kay Van Kampen

Real Estate Agent with RE/MAX Broker, RE/MAX 1999033519

February 03, 2012 12:25 PM

Buyers Are Missing The Foreclosure Bubble - Springfield Mo Foreclosures

Over the past few years, the Springfield Missouri real estate market has been saturated with foreclosures. In the middle of this foreclosure crisis, there's good news.

Greene County Foreclosure statistics for 2009 - 2011

The number of foreclosures have dropped significantly since 2009.

Many of the foreclosures in 2009 was attributed to local real estate scams, forcing many homeowners to lose their Greene county real estate.

I can not track the number of short sales, but I do attribute the drop in foreclosures for 2011 to homeowners aggressively pursuing short sales.

More and more sellers are finding out that short sales can help them salvage their credit much faster than a foreclosure. Short sales can also help them purchase a home sooner than a foreclosure.

If you or any one you know is considering a short sale, contact the "K" Team to get your FREE initial consultation. We have helped over a 100 families avoid foreclosure, you are not alone.

Information courtesy of Greene County Daily Events

Re-Blog

Comments(13)

Comment

Show All Comments

Sort:

Nor Yeretsian

Envoy Capitol Realty Inc. - Toronto, ON

Envoy Capitol Realty Inc., Brokerage Toronto

Thanks for the Heads Up on the Bubble, usually we don't know we are in one until it passes.

And do you want to enter the Bubble - if there is one ?

Usually something to avoid, we thought - but what do we know?

cheers

Nor

www.envoycapitol.com

Feb 03, 2012 12:28 PM

C. Lloyd McKenzie

Living Albuquerque - Albuquerque, NM

Living Albuquerque

Good Evening Kay:

Excellent post about the Greene County Foreclosure Situation. It is sad that these scam artists are able to exist in this country.. Let's hope that you've turned the corner on foreclosures

Feb 03, 2012 12:33 PM

Roy Kelley

Retired - Gaithersburg, MD

It is a great time for home buyers to take advantage of the bargain prices and record low mortgage interest rates.

Have an outstanding weekend!

Feb 03, 2012 12:35 PM

Charles Stallions Real Estate Services

Charles Stallions Real Estate Services Inc - Gulf Breeze, FL

Buyers Agent 800-309-3414 Pace and Gulf Breeze,Fl.

Hi Kay it is really always a great time to buy a home no matter the market. We have a foreclosure market going on here as well.

Feb 03, 2012 12:46 PM

Conrad Allen

Re/Max Professional Associates - Webster, MA

Webster, Ma, Realtor

Hi Kay. I think most of the country is seeing foreclosure inventory dropping.

Feb 04, 2012 12:10 AM

Bill Gassett

RE/MAX Executive Realty - Hopkinton, MA

Metrowest Massachusetts Real Estate

It seems there is definitley more awareness of the general public that they have options besides letting their home go to foreclosure.

Feb 04, 2012 09:21 AM

Kay Van Kampen

RE/MAX Broker, RE/MAX - Springfield, MO

Realtor®, Springfield Mo Real Estate

C Lloyd, if short sales are working more, maybe sellers will get the information and get help.

Feb 04, 2012 11:01 AM

Roy, so true. I think we'll have a great year with so many foreclosures now behind us. I'm told that the 5 year arms may bring another wave of foreclosures.

Feb 04, 2012 11:02 AM

Joyce, hope your market is getting better. Our markets could use some good news.

Feb 04, 2012 11:03 AM

Conrad, I hope you're right. It would be nice to get back to a normal sale.

Feb 04, 2012 11:04 AM

Bill, you're the expert in your area for short sales. It seems sellers are becoming more aware of their options.

Feb 04, 2012 11:06 AM

Lisa Wetzel

RE/MAX Realty Affiliates - Carson City, NV

CDPE, SFR carsonvalleyland.com

Kay ... I Agree ... Our market has also seem and increase in the amount of short sales and a decrease in the number of foreclosures. I think it is a direct correlation! Great Blog!

Feb 05, 2012 01:38 AM

I do too Lisa. We'll find out when the figures come out next year. Maybe by then, I'll be able to track the short sales as well.

Feb 05, 2012 10:52 AM

Buyers Are Missing The Foreclosure Bubble - Springfield Mo Foreclosures

Buyers Are Missing The Foreclosure Bubble - Springfield Mo Foreclosures

Comments(13)

Kay Van Kampen

Service Areas

Real Estate Resources

Recent Posts

Popular Posts

Additional Information