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Banks To Keep Moving On Foreclosures

A week or two ago, the nation's banks put America on notice that they intended to put their foreclosure inventory on hold while they sorted out their latest mess. Yesterday, amidst fears that their first round of news was about the cause a further decline in house values, the banks announced that everything was peachy with their inhouse procedures and that foreclosure sales would continue as usual. I doubt the crisis is over but I'll go with it for now.

In any case, it's good news for MetroWest Orlando real estate foreclosure sales, which currently run the gamut from single family homes to townhomes to condos. There are some great deals in every price bracket from $50K condo foreclosures to million dollar single family homes. There are also dozens of short sales which outnumber the bank reposessions in MetroWest about ten to one. For more information visit the Metro West Orlando real estate site at: MyMetroWestRealty.com

In other Metrowest Orlando news, last weekend saw the Isles in MetroWest fall festival which was a great idea but sadly was not so well attended. It was a beautiful day and there was no apparent reason for the lack of turnout, except no doubt, people just weren't feeling so neighborly.

Perhaps next year...

Posted Saturday Oct 23