Thursday, April 16, 2015

OCHN: Denying short sales restricts inventory, reduces sales, inflates prices

When lenders deny short sales, it removes MLS inventory from the market and contributes to low sales volumes and inflated house prices.

I’ve mentioned many times that the housing market bottomed in early 2012 because lenders changed their policies toward delinquency and foreclosure, not...
Denying short sales restricts inventory, reduces sales, inflates prices

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