Foreclosure Crisis Slowly Coming To An End

The foreclosure crisis is ebbing away – but only in some parts of the country. Whilst most of the rest of the nation is slowly getting back on its feet, there are still five states that account for almost fifty percent of all completed foreclosures in the country.

The Ever-Changing Foreclosure Market

Since the financial bubble burst foreclosed properties have become a very real part of the housing market. At one time their numbers were so few that they weren’t even considered applicable as a comparable listing or sale on an appraisal, however even that has changed. So what other changes have recently taken place in the ever-changing foreclosure market?

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