Foreclosure Rates at a Low

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Services for Real Estate Pros with Short Sale TC & Property Management

  It seems that many are saying that the numbers recently have reached an all time low, since the recent prerecession.  1.9 mil. homes that were in foreclosure last year is similar to that of 2007 and before.  Of course Nevada, Arizona, and California are holding a seat at the head of the table within the high ranks of homes in foreclosure.

  But the numbers for 2012 will be back up just not as extream as the recent times years.  However until the next wave of domestic and international economic issues comes to light we are still not out of the woods.  Real estate was a huge catalyst for this so called recession but the aftermath is yet to settle, as we are seeing in the world economic news. There will be an end to this downward economic fall we are living in but not within this year.

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Rainmaker
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John Kim

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