Thursday, October 11, 2012

Foreclosure filings hit 5 year low.

More good news from the real estate market! For the month of September foreclosure filings have dropped  for a second consecutive month, to a new 5 year low. The exact number of filings was 180,427, the lowest we have seen since July of 2007. We still have a ways to go to get back to the levels of 2005 but we are certainly headed in a better direction. Florida still leads the pack in foreclosures with 1 in every 117 houses in some state of foreclosure.
With 2012 bringing us more evidence every month that the real estate market is on the upswing, now could be the perfect time for you to be listing your home or looking for that perfect place to plant roots. Give us a call or visit our website. We look forward to the chance to serve you!

Pete 651-379-9313 
John 651-379-9312

No comments:

Post a Comment