Overall housing inventory is not low, but the inventory available at prices buyers can afford is artificially low.
Starting in late 2008, lenders began deferring foreclosures to stem the tide of REO flooding the housing market during a time when buyers were few and far between. This slowed the...
Housing inventory abundant at prices buyers can"t afford
Monday, October 19, 2015
OCHN: Housing inventory abundant at prices buyers can"t afford
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