Camas, Wa Foreclosure Stats

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:

Graph of Foreclosure Inventories in Zip Code 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?

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About clarkcountyhousetalk

Bella Casa Team is a Real Estate group that specializes in Residential Real Estate. They want home buyers and sellers to be informed so they can make the best choice. It is so important to educate the public, especially during this unstable and unprecedented time in the Real Estate!
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