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Rising Foreclosures Have Widespread Fallout

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This entry was posted on 4/24/2007 10:55 AM and is filed under Selling Real Estate.

Seems like more and more bad news effecting homeowner's ability for selling real estate in Jacksonville.  Our market has changed quite rapidly since two years ago when the average listing sat on the market for only 21 days.  However, most of the blame with today's foreclosure issues stem back, in my opinion, to the mortgage lenders and many with wreckless lending habits of two years ago.  I can certainly say that we all were expecting this to happen...one day.

http://realestate.msn.com/Buying/Article2.aspx?cp-documentid=4734564
 

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