2017 Storms could bring new round of foreclosures

[Jack Bobeck]

I saw this posted on our local news channel, but realized it was actually from CNN Money, so apologies if this was posted elsewhere.  The possibility of more home foreclosures coming on the market as a result of the storms of 2017. Its great for the local housing markets because it provides more inventory, but its going to hurt property values with homes staying on the market longer. Prices are already higher in many storm ravaged areas. 

What are your thoughts on this article and the impact in Florida, in Texas and other states along the ocean? 

[Marty True]

Here in Miami, didn't really affect the market at all (IMO). We were anticipating some potential opportunities but honestly, it's like it never even happened at all, regarding real estate.