Wednesday, May 27, 2015

Housing Forecast: How will lenders liquidate their foreclosures?

This year lenders drastically reduced the number of REO they are getting at auction. The numbers are down 62% over this time last year. Further, they have reduced their MLS inventories by nearly 20% from last year’s levels. Apparently, lenders are going to continue to reduce MLS inventory...
How will lenders liquidate their foreclosures?




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