Short sales/pre-foreclosures on the rise?

[David Haynes]

I read an article about a year ago predicting Bucks County PA to be one of the top counties for future foreclosures, at least in Pennsylvania. I've been waiting patiently since then.

I finally found a good off-market short sale in Bristol Township. It has gotten me eager for more. I usually focus on flips in Bucks, but this one is priced so low that it makes a lot of sense as a rental as well.

Anyone else experiencing a rise in short sales/foreclosures in your market? Which markets are you seeing those in.

I'm based in Philadelphia, but am always curious about other markets.