Posts in Foreclosure
If you are one of those East Aurora homeowners who has been gladdened to see property values continuing to rebound, you have also been pleased at the steady decline in the wave of foreclosures that were part of the global financial crisis.
If anyone involved in East Aurora real estate were to try to pick a word to characterize the mortgage industry as a whole, “sentimental” wouldn’t be among them.
When you own the Western New York home your family lives in, you are by definition a real estate investor: it comes with the turf.
The Erie County foreclosure situation is a good deal different from what we were discussing a few years ago when the tidal wave of 7.3 million foreclosures and short sales swept the nation.