According to a recent article in the Spokane Journal of Business foreclosures were up by as much as 12% over previous years. The article goes on to mention that the numbers aren’t alarming, nor are they expected to reach foreclosure levels seen in other parts of the country. Spokane has continued to grow economically with over 2% increase in jobs and a 10,000 rise in the median home price.The Article.
Related Posts
Banks Halt Foreclosures, REO Transactions, Spokane Affected
10/8/10: UPDATE: BANK OF AMERICA HALTS FORECLOSURES IN 50 STATES. See on Reuters. Many of you have seen the news…
When it comes to Bank Owned Properties: The rules have changed.
Who remembers the three rules of Real Estate? Location, Location, Location, Right? Maybe… but more likely: Location, Location, and Timing.…
Real Estate 101: What Is The Difference Between Short Sales and Foreclosures?
For homeowners who fall behind on their mortgage payments, mainly due to a sudden financial crisis, such as unemployment and…