Home Market Statistics Foreclosure Tsunami expected for 2ndQ 2009

Foreclosure Tsunami expected for 2ndQ 2009

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RIS Media reports that the National Short Sale Center is expecting record setting number of foreclosures for the 2nd Quarter of 2009. 1 million nationwide. "We’re returning to pre-moratorium percentages, with a rather large initial increase in the second quarter as properties that have been in the moratorium flood through,” says Travis Hamel Olsen, president of National Short Sale Center. “From our data, we are forecasting more than one million foreclosure filings in the second quarter of 2009.”" More info at Foreclosure Tsunami Expected in Second Quarter of 2009 | RISMedia
 
Robert Range, REALTOR : Prudential Sierra Nevada : Reno, Sparks, Northern NevadaRobert Range
REALTOR®, SFR
Prudential Sierra Nevada
775-200-0658