If they were to pursue foreclosures in a timely fashion as well as push out the REO's sitting on the books, prices would fall. Don't believe for a minute this is only the U.S. either. This is/will be a global approach. Now that values in many areas are almost back to pre-crisis levels, are we about to see a glut of inventory hit the market? I'm willing to say so. House hunting anyone? (RealEstateEconomyWatch)
You need to be a member of StockBuz to add comments!
You can't use this site and its products or services without agreeing to the terms and conditions and privacy policy.
We welcome you to post a blog entry, oped or share your daily reading with us as long as it is relevant to the topic of investing and not an attempt to sell a product, proprietary strategy, platform or other service. Please provide links to any research data and if re-posting other articles, give credit where credit is due providing a back link to the original site.
300 words minimum per post. You may also sort by category or search by topic. Don't forget to comment and please "share" via Facebook, Twitter and Google+. If you have any questions, please contact us.
__________________
Comments