The other day while talking with the team, we were discussing the continued low inventory levels and got focused on foreclosures. With lots of laughs, remembrance of heart ache and pain, and high inventory levels, its amazing how drastic the real estate climate, access to inventory, and negotiating leverage can swing.
In a follow up to the 2017 Foreclosure Guide, lets take a snapshot look at the first half of 2017.
Foreclosure Inventory by Month
In May 2017, there is less than one month of active foreclosures with a sharp decline starting in November 2016. Once what was a lucrative market for buyers and investors, is no longer.