No Comments

No Shadow Inventory of REOs

According to data analysis by Foreclosure Radar, they now believe that the banks are NOT holding back an inventory of REOs as has been thought by many (and wished for by the Listing Agents that deal with REOs). If true, this is BIG news as there won’t be a new wave of foreclosures hitting the market to drive down prices yet again. You can download their report here.

Written by Keith Byrd - Go to Keith's Website/Profile