Browsing the archives for the default tag
A great analysis article today courtesy of Housing Wire discusses how the solution to the housing crisis will ultimately be REO (real-estate owned). The REO trend is based on their analysis that the size of the foreclosure market is so overwhelming that even short sales won’t be able to keep up with the demand: But [...]
From the NC Times: Short sales of homes frustrate buyers, annoy lenders, and cause real estate agents to tear their hair out waiting for deals to close. In 2010, there will be a whole lot more of them, a market research firm said. Surveys conducted by Campbell Communications show that short-sale inventory is rising quickly, [...]
