Will the bad days of foreclosures come back?

As we find ourselves moving into, or are already in, a recession, the question has come up a few times about foreclosures. It wasn’t that long ago, 2008, that we saw the beginning of the last recession. Who knew what was going to be forthcoming at that time? It began slowly and built up such incredible market-changing momentum that most people froze in their real estate dealings during the year 2009.