In the wild west, similar to today, things get rocky.
Many families today are being forced from their homes for many reasons. The economy has dried up to a point where many aren't able to keep their payments up.
So many things are going on in the market place. However, many lenders have put a hold on foreclosures?
In Sept. of 2010 Chase bank giant reported holding 56000 foreclosures.
How has this type of hold affected the market place? That's such a large question to answer, the correct one is, the JURY is still out trying to decide the fate of many families homes.
No one is able to figure out this economy. The fact of the matter is finding firm ground on many of the issues affecting real estate today is nearly impossible to find.