The places with the biggest increases in foreclosures will blow your mind!
Are we seeing a resurgence of foreclosures? The data shows that in about 44% of metro areas, we are. We have talked a lot about pivot points in markets and where to find them. Well, I would absolutely call an increase in foreclosures a pivot point! In fact, right here on this show we speculated years ago that the bad lending practices we began to embrace about 6 years ago would come back to bite us in exactly this way. It sounds like we might have just been pretty close to right. While it is interesting that we are seeing this increase, it is some of the specific areas we are seeing it that is most revealing. I am willing to be that some of the areas that are at the top of this list will blow you away! So tune in for our discussion of the recent increase in foreclosures. Today Links:
HELP THE SHOW GROW by filling out the audience demographic survey by clicking the button at the top of the page titled “Take the survey to support the show“. Follow the prompts and this will automatically enter you for a chance to win a $50 Amazon Gift card! Interested in getting free content, advanced notice of upcoming events and real estate exclusives? Then simply join the Rebel Underground by texting the word ‘rebelbroker’ to 44222 – or click the button below. When prompted, text your email address and you are in!
Audible.com – Audible is offering real estate realities listeners a free audiobook of your choice and a free 30-day trial membership. Just go to http://audibletrial.com/rebel and choose from over 180,000 audio programs – download a title free and start listening!
SUBSCRIBE TO AUDIBLE TODAY AND CLAIM YOUR FREE BOOK AND 30 DAY TRIAL!
#babyboomer, #realestate, #foreclosure,#foreclosures