Tuesday, May 12, 2015

OCHN: NAr"s Lawrence Yun doesn"t understand cloud housing inventory

MLS Inventories are low because underwater owners and those will low equity aren’t listing their homes.

Back in 2011 lenders changed their loss mitigation policies. Rather than foreclosing on delinquent borrowers and selling the subsequent property as REO, banks made two major changes...
NAr"s Lawrence Yun doesn"t understand cloud housing inventory

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