There is only a slight increase in foreclosure rates of real estate properties and with no defaults that are significant yet. Those investors that are likely to be in jeopardy are those who purchased their property when the market is at its peak, and they used short term financing.

Together with other dynamics that are coming into play, it is the problem of trying to obtain credit, and the increased cost of credit which are all adding up. Coupled with tighter restrictions by lenders and the current economic uncertainty situation, property owners will really have to create some difficult decision-making during this time.