Posts Tagged ‘bank owned forclosures’
“Tsunami” of Foreclosure Homes Might Never Hit Us
September 4th, 2009
It’s being broadcasted in the news “There will be another wave of foreclosures” but the truth of the matter is the “Tsunami” of foreclosures might never hit us.
With consumer confidence up, and REO or Bank owned homes selling in a day or sometimes in a matter of hours…The banks and government cannot afford to flood the market with Bank Owned homes.
In some areas of Southern California, the current inventory of homes has decreased from an outrageous 25 month supply to a low 2.2 month supply making a lot of areas a Normal Market!
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Posted in Info for Buyers, Market Reports | 
Tags: bank owned forclosure, bank owned forclosures, bank owned foreclosure, bank owned foreclosures, bank owned home, bank owned homes, bank owned homes for sale, bank owned house, bank owned houses, bank owned list, bank owned listing, bank owned listings, bank owned property, buying bank owned, foreclosed bank owned | 
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