Strong to quite strong… Actually we are seeing prices leveled out across the SCV cities.
Our REMAX Paris911 Team has heard word on the street, due to an increase in BPO orders, that Foreclosures may click up a few notches 1st and 2nd quarter of 2014.
This is primarily due to the HAMP modification and their 25% plus default rate.
Time will tell, but typically when Broker Price Opinions(bpo) start to be ordered, foreclosures are a comin’.
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However, you will get some really great intel about the future of foreclosures, bank owned, and real estate owned real estate in the Santa Clarita Valley cities and beyond.
Enjoy the show and we will have some pre foreclosures and bank owned updates coming on this Santa Clarita foreclosure blog later this AM.
Talk soon and thanks for reading, watching and sharing.