Tri-Cities Washington Real Estate News & Blog

The local news is reporting foreclosures in the Southeast Washington region are few and far between as compared to the other areas of the United States.  The Tri City Herald posts, “A healthy economy, steady housing market and the absence of pervasive subprime lending are keeping the Tri-City area from experiencing the overwhelming wave of foreclosures hitting other areas of the country. The Benton-Franklin Title Co. reported 77 notice of trustee sales in April, which means homeowners have 90 days to get their payments current or to sell their homes before foreclosure. There were 81 notice of trustee sales recorded in April 2007.  That brings the 2008 yearly total to 290, a 4 percent increase compared with the 280 through April of last year.”

Trackback URI | Comments RSS