http://fostercityblog.com/2009/10/some-closure-reforeclosures/ Foster City Real Estate...and so much more! Fri, 12 Mar 2010 17:42:01 -0700 http://wordpress.org/?v=2.8.6 hourly 1 http://fostercityblog.com/2009/10/some-closure-reforeclosures/comment-page-1/#comment-21088 Jim Minkey Wed, 28 Oct 2009 21:54:41 +0000 http://fostercityblog.com/?p=3000#comment-21088 That's an interesting question. The numbers in question sure would make it seem like we would know they were there. We would see lots of people move out and there would be lots of vacant homes. Again, we would certainly see homeowners try a short sale before we would see a foreclosure...and we havent. That’s an interesting question. The numbers in question sure would make it seem like we would know they were there. We would see lots of people move out and there would be lots of vacant homes. Again, we would certainly see homeowners try a short sale before we would see a foreclosure…and we havent.

]]> http://fostercityblog.com/2009/10/some-closure-reforeclosures/comment-page-1/#comment-21069 Michelle Wed, 28 Oct 2009 04:36:52 +0000 http://fostercityblog.com/?p=3000#comment-21069 Do you think the banks are holding on to these properties because of the laws preventing such sales, you know, as the government props up housing prices? I think lots of foreclosures are still to come, but like you say here again and again, lots of buyers are waiting, and lots of investors are jumping at the bit too. Thus, no such bargains. Do you think the banks are holding on to these properties because of the laws preventing such sales, you know, as the government props up housing prices?
I think lots of foreclosures are still to come, but like you say here again and again, lots of buyers are waiting, and lots of investors are jumping at the bit too. Thus, no such bargains.

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