Saturday, May 5, 2007

Foreclosures in Cupertino

3 months ago, Chicago Title held a foreclosure class in its Cupertino office. There were perhaps 30 agents there learning about the process. Yesterday the class was filled with about 50 eager agents. Does this signify more foreclosures? Or does this show a harder real estate market for Realtors who are looking at different forms of making a living? I suggest the latter. Due to a variety of factors, there are more agents struggling with the economics of the industry.

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