Tuesday, November 3, 2015

Mortgage Foreclosure: Below-median home inventories may not recover for years

For home inventories to recover, sellers must come back to the market. Since so many loanowners are underwater, particularly at lower price points, very few organic sales occur on below-median properties. Further, since below-median loanowners have a strong incentive to squat until foreclosure,...
Below-median home inventories may not recover for years




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