From all the information I have learned recently we are expected to see a second wave of foreclosures and short sales hitting the market as we enter and move through 2010. Next year is when analysts are saying the foreclosures are going to peak due to unemployment and underemployment.  Everyone’s hope is that once we move through these distressed properties we can then move back to a more stable and steady market in the years to come.

For more information on foreclosures and short sales visit my website.  I have done both short sale and foreclosure transactions, so if you have a specific question please feel free to call or email me.