Comments on: 7 Million More Foreclosures To Hit The Market? http://www.therealestatebloggers.com/2009/11/19/7-million-more-foreclosures-to-hit-the-market/ Real Estate Blog, Mortgage, and Development News Tue, 16 Mar 2010 23:56:32 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: Joe Sherman http://www.therealestatebloggers.com/2009/11/19/7-million-more-foreclosures-to-hit-the-market/comment-page-1/#comment-414958 Joe Sherman Tue, 01 Dec 2009 19:03:59 +0000 http://www.therealestatebloggers.com/2009/11/19/7-million-more-foreclosures-to-hit-the-market/#comment-414958 Absolutely agree with you on the backlog of foreclosures. It will blow wide open next year! I personally do not think that we anywhere near the bottom of the market now! Coming from Florida where the unemployment is almost at 12%, I can speak for Florida in that lots of people are going to lose their homes. When the hell is it all going to end? You read one "expert" and he says that we are past the worst of it, and another says that we still have a ways to go! Bittersweet pill in that I do property preservation subcontracting for HUD and FHA all over Florida so it does mean potentially more work for us. But, at the same time it makes me sick that yet another family has lost their home. You could point fingers at who is responsible but it is still a terrible mess. Absolutely agree with you on the backlog of foreclosures. It will blow wide open next year! I personally do not think that we anywhere near the bottom of the market now! Coming from Florida where the unemployment is almost at 12%, I can speak for Florida in that lots of people are going to lose their homes.

When the hell is it all going to end? You read one “expert” and he says that we are past the worst of it, and another says that we still have a ways to go!

Bittersweet pill in that I do property preservation subcontracting for HUD and FHA all over Florida so it does mean potentially more work for us. But, at the same time it makes me sick that yet another family has lost their home. You could point fingers at who is responsible but it is still a terrible mess.

]]> By: Tony Sena http://www.therealestatebloggers.com/2009/11/19/7-million-more-foreclosures-to-hit-the-market/comment-page-1/#comment-414854 Tony Sena Fri, 20 Nov 2009 03:43:23 +0000 http://www.therealestatebloggers.com/2009/11/19/7-million-more-foreclosures-to-hit-the-market/#comment-414854 The question is when are they going to release them on the market. Las Vegas leads the nation in foreclosures but REO properties hitting the market remains low. Makes you wonder why they are holding on to these properties? The question is when are they going to release them on the market. Las Vegas leads the nation in foreclosures but REO properties hitting the market remains low. Makes you wonder why they are holding on to these properties?

]]>