I am afraid for my neighborhood. We are starting to see some fall out in the area. The homes were built 13-11 years ago and are mainly 4 bedroom' 2.5 bath, 2 car garage. Currently there are 3 lender owned homes on the market. There is a home that a lender owns that is still undergoing title work and is not on the market yet. This month there have been 3 foreclosures filed on homes in the neighborhood. This is in a subdivision of 350 homes.
There are people that need to sell their current homes and move on. I will just market the homes strongly so we can them done before much more happens.
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