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Blomquist forecasts that between 500,000 and 600,000 homes will end up being repossessed by banks nationally this year, noting that, historically, about half of all homes that enter the foreclosure process end up being taken back by lenders.

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Motley Fool newsletter services have recommended buying shares of Goldman Sachs. Those numbers in hand, we actually planned our month of January figuring if things changed, they wouldn’t change by a whole heaping lot, so we could optionally minus 50 from here or there if we needed to in order to cover off something else. Main Page | Listings of Properties | How To Add Your Property | Link To Us | Contact Us | About Us. Blomquist expects foreclosure activity will decline in non-judicial foreclosure states through the first half of the year.

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