It’s the week of Spring Break and I’ll be working during most of it. NAR just released numbers for February and there was good news and bad news. The good news is that home sales increased during February, but on the bad was prices continued to drop.
I also started snooping on the web page titled RealtyTrac.com which charts foreclosures and preforeclosures. The numbers are shocking. I’m trying to wrap my head around what this will mean for the economy, for real estate, and most importantly for the people who are losing their homes.
I believe LaVergne showed 202 homes in foreclosure and Smyrna had 80-something. I didn’t go further, but if you want to look around, go to www.realtytrac.com. That’s so sad.
