Foreclosures are up! The sky is falling! The apocalypse is upon us! These are the end times! Tired of the media telling us the world (real estate world that is) is ending?
Look at the numbers below and see what is really happening in Clark County, WA with foreclosures. These numbers represent the total number of foreclosures (evidence by Notices of Trustee’s Sales recorded in the Auditor’s Office) started during the calendar year. Obviously the number is up from the previous 2 years, but about the same as 2002 and 2003 when the real estate market was strong. So, based on the numbers, is the world coming to an end? NO!
The National Association of Realtors reports that 2007 was the 5th best year ever for real estate sales
Very impressive, but certainly not like what you hear in the media. Mortgage rates are down, inventory (choice) is high and prices reasonable… Now’s a great time to be active in the real estate market! Make 2008 a great year…
| 2007 | 1,559 |
| 2006 | 851 |
| 2005 | 836 |
| 2004 | 1,159 |
| 2003 | 1,575 |
| 2002 | 1,548 |
| 2001 | 1,179 |
| 2000 | 979 |
(Thank you to Clark County Title for the above story)
Take Care,
Dale Chumbley
Life In Clark County
The Chumbley Team
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