Monday, January 26, 2015

USA Foreclosure: California home sales plummet 8% in May 2012, spring rally slumps

Quite predictably, pending home sales have declined precipitously due to the lack of available inventory. Lenders have a variety of reasons for withholding inventory right now, but among the biggest reasons is their desire to cause house prices to bottom. Lenders make the false assumption that...
California home sales plummet 8% in May 2012, spring rally slumps




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