Hmm, PC, that to me is bad. Not bad as in there are a lot of foreclosure, bad as in the next boom market will be people thinking they’re getting rich buying foreclosures.
I’d guess that table is set up because they have so many people coming in to get the details on the foreclosures looking for properties.
Like someone else posted a while back, when they got closer to the bottom in the early 90s, there’d be 5 people at the auction with a 100 properties to go through.
Like the REDC auction, at the moment, there’s 1200 people combing through the 300 foreclosures.