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Today I was doing a few more drive bys, and I noticed sooo many for sale signs and foreclosed properties literally in just one street. Then about 2 blocks down only a few signs were visible.
Sometimes I think these mortgage companies prefer to hit one specific area and just wipe them out all at once. Is there an advantage for them when they do this?
Are they trying to get rid of the current homeowners to bring in a whole new different type of community?
If this is the case, then how are the realtors supposed to market these homes when their clients come to the neighborhood and see all these signs up?