Mass Foreclosures Coming SOON!

We hear all the time that foreclosures are coming soon. However, Corelogic states, “Foreclosures year over year change. There is a .04% DECREASE. One year ago, it was 3.4% and now it’s at 3%.  These are near historic lows on foreclosures.” I have clients state that they want to wait on getting a foreclosure. It seems like rumors rather than facts are dictating this mindset. However, people who are in a situation where they have decided to obtain a foreclosure home because of its affordability are not taking into account that they are up against investors who are ready to pay cash for these foreclosure opportunities. Watch my video to learn more about the trajectory of foreclosures in the Austin area.