Does that image scare you? I’m in the midst of that “horrendous” picture but I’m telling you, life is grand here. As homes get listed, the decent ones that are priced right are snatched up quickly.
Wanna see something funny:
The cluster of Bank Owned homes where there is nothing but dirt? Yeah “shadow inventory”. Lots that won’t be developed for a while. Take those out of the equation. In my own tract on that map, I’ve driven by and looked at several of the homes listed as Bank Owned and several are occupied.
Pre-foreclosure? Okay sure. I call them “Pre-bailed out”.
Maybe it’s all those squatters (they sure do take care of the lawns though!)