There is plenty of news in the national media about foreclosures. From everything that I have read, I suspect for every 100 foreclosures that have and will hit the real estate market during our current housing crisis, we have only seen 2 or 3. The bulk of the foreclosures have yet to hit the market.
The Tallahassee housing market is not impervious to the foreclosure epidemic that is sweeping the nation. We have been posting the monthly foreclosure updates on the Tallahassee Real Estate Web Site in order to keep an eye for trends. After doing so for a year, there are some early foreclosure trends appearing in Tallahassee.
View the entire Tallahassee Foreclosure Report
Comments(4)