Today I just seen a clip on Yahoo that spoke about the foreclosure capital of the America. The article said that Stockton Cal. was the capital. It mentioned that at one time a couple of years ago Stockton Cal. was one of the hot-spots in America for real estate. Home values were booming and then the bottom fell off in 2006.
They were interviewing a real estate agent in the area that said 2 out of every 3 homes that were listed were foreclosures or distressed sales. That is incredible! I can not imagine that in Cabot. Right now there are foreclosures in Cabot, but no where near that many.
Right now there are not very many homes listed on the mls that are in foreclosure right now. For a list of homes in foreclosure visit my Cabot Arkansas real estatewebsite. Just click the link.