A lot. Of course nationwide this has been one of the biggest problems weâ€™ve been going through. But again, as you know, the most important factor in real estate is location. So not all areas in the nation have been affect equally. Even within a cityâ€™s area some locations suffered more or less than others.
Going forward it can be assumed that there will be less and less foreclosures due to the current economic crisis as we all seem to be recovering from it. Then there will only be the â€œnormalâ€ foreclosures due to death, divorce, hardship, delinquency and other peopleâ€™s personal problems. As sad as it is there has always been foreclosures and people lose their homes.