Foreclosure Auctions are increasing on North Central Washington Properties
According to Realty Trac this morning, there are 8 properties scheduled for foreclosure auctions in the Chelan zip code, 1 in Manson, 6 in Leavenworth, 24 in Wenatchee and 3 in East Wenatchee. The auction dates range from the 10th of October to the 1st of December. That is the largest number I’ve seen and it would appear that North Central Washington is not immune from the increases in foreclosures that have been happening in other areas.
What we are not seeing is large tracts of homes where a major builder has defaulted or entire neighborhoods with large percentages of foreclosed homes. Where that is occuring, that level of foreclosures is devastating a few parts of the country. But I don’t expect to see that level of issues occur in North Central Washington. Foreclosure sales are rarely happy events for the parties involved. But, for those who are interested in perusing foreclosures in hopes of finding deals, they now have something more to look at in North Central Washington.
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