As the housing recession deepened in 2008, Pioneer Title Company began a service for real estate agents. Each week, two lists were sent to subscribers: (1) Foreclosures (trustee sales) completed the prior week and (2) Trustee sales scheduled for the next week. This information was critical for those of us engaged in the short sale market. It was also important for those buying foreclosures as investments.
This morning, I received a message from the Marketing Director at Pioneer:
Good morning. I just wanted to let you know that we are down to under 5 foreclosures per week. Jody will not be preparing a list unless we reach 5 or more. If you have specific questions you can reach her at 928.779.0371.
Good morning, indeed. Very happy to see this market pass as equity in homes rises.
If you have questions about the value of your Flagstaff home, please call us at 928.714.0001. The Elite Team at RE/MAX Peak Properties.