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Are more foreclosures looming on the horizon?

Hi All:  Sources state that another round of foreclosures and short sales will be hitting the market as another batch of "Interest Only" loans adjust upwards.  Of course, there are a number of variables which could soften and perhaps even negate such an outcome.  I'm curious, what do you think will happen and what answers do you have to keep the economy and real estate rolling in the right direction?

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Russ Lyon | Sotheby's International Realty Flagstaff
2076 S Woodlands Village Blvd. Ste 101 • Flagstaff, AZ 86001
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