Buyers · Real Estate · Statistics

Foreclosure list shorter…

I get an automatic foreclosure list from HomeSteps.com, A Freddie Mac Unit, emailed to me weekly for my area.  Lately I noticed the list has consistently had less homes on it.  There were 11 listed on June, 10, 8 listed on June 17 and 8 listed today, compared to nearly double that earlier in the year. (Hindsight: Wish I would have tracked the number of homes that were listed on there from the beginning.)

I hope this decrease is an indicator that less people are losing their homes and/or more banks are working with their customers to keep their home!

Home prices and interest rates are still low. Locking into a low priced home with a fixed low interest rate is a good hedge against future inflation!!!

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