Just yesterday, Inman News posted this report as to the lifeline of foreclosures in California.

Are we experiencing a drop-off or a slower pace of NOD’s being filed?  Or are we seeing and expecting a new release of foreclosures coming down the pike?

You can read all kinds of statistics that prove either side of the story.  The best medication to help settle any fears is to better understand the market activity in your specific area.  If homes are selling, despite distressed properties, people are buying.

Eventually we are going to eat all the distressed properties up and leave only simple-sales to once again, correct the market.  But one thing we do know for sure is that we will have a correct market someday.  It’s all cyclical right?