Both houses being foreclosed on and the number of properties entering the foreclosure process is down.
It is clear that we have turned the corner. Don’t wait until it’s too late and prices start to rise big time. Yes we will have another bubble. It always happens here. After all, there is no better place to live.
The big puzzle is what happens after election. Will interest rise? Will our economy improve the point that the fed starts to let interest rates rise.? Don’t wait. Buy now while rates and prices are low. Even if you are not intending to hold, home buyers are also trying to secure their low interest rates so they are in the market looking for your rehabbed houses.
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