Not really, they have left the market place and I have never been so happy to see them go....

I have seen a few but most have been becausse of the $8000 that was given to buyers who never should have bought a home

Good morning Brenda. I buy houses to flip on a regular basis, more properties available right now, so you are so right.

Most of our repos have sat empty for years; not rented!

Haven't seen that happening out here.  Hoping it does though!

nope, a very slow level in my market

some have been sitting empty too or they have been trying to get the previous owners out

     The REOs in Florida are typically in terrible shape (excepting FHLMC, strangely enough).  They appraise them at Market Value, subtract whatever the repairs will cost (per the appraiser), then use that number as a List Price.

    The Banks are still trickling them out... probably so that they don't flood the market, and knock prices down.

I know they do them in batches and several were released the first of the year. I think the holidays could have had something to do with that. 

There are a lot of foreclosures here, but they have not come on the market yet.   Still waiting.

No. I'm not seeing this and I keep very close track of this. My BPO volume is also low. I know not all BPOs are distressed properties, but in my area a good percentage of them are. 

Our foreclosure market is almost non existent now.

Not seeing any..anyone in our area should be able to get out of their home and realize a profit.

We are not seeing an increase of bank owned oroperties on the market.

No not seeing a change here in SoCal. Very few REOs and short sales in general compared to a few years ago, although it does vary by community

Brenda,
I just checked and we only have 51 listings that are in any type of bank owned, HUD, VA foreclosure, etc. That is just 2.3% of our 2,170 active listings.

They have pretty much dried up in my market.  I do not believe banks were renting ... I do believe they were holding back inventory and trickling them into the market.

Very few and the ones we see on FHA and again very small numbers. We didn't melt down in 2007-2008 and didn't see price drops except with predatory lending to minorities.

Read somewhere that they are making a come back in some parts of CA. However, nothing so far for the Inland Empire.

I read that 27% of the nation is in a default, foreclosure or delinquency

Not that many here in San Diego

A few out there, but they are rare.

Brenda - Not seeing too many foreclosures here in AZ. Prices have really come up over the last few years, and not too many homes are under water anymore.

We are seeing a reported slowdown, but not sure about the zoombie count!

Our foreclosure listings/sales are very low and I've not seen any increase.

No.

Brenda J. Andrew You might be right, we could see more REOs.

Some lenders waited for the home values to move higher.

Equity sales are in the majority here, even in CRE.