Foreclosures in Town?
Posted by CityBlogUT on May 28th, 2007
Can anyone speak to the issue of foreclosures in South Jordan, Utah? Foreclosures are up around the country due to the sub-prime lending practices. Is there any foreclosure impact on real estate in South Jordan?







Yes, especially in properties over the FHA lending limit of 360K. Many of those properties have decreased in value substantially over the last 90-120 days as the buyer pool dries up and new homes go unsold..