Where have all the homes gone? If you have been searching for a home to purchase in Camas, Wa or other areas in Clark County, then you may have noticed that the inventory is low. One reason may be that foreclosures have decreased in the recent months for a variety of reasons. Here is some data for 98607:
Government intervention has slowed the rate of foreclosures, through principle mortgage reductions and short sales. It does not address the real problem and may even postpone it, of negative equity.
What do you think the government’s involvement should be in dealing with foreclosures?