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  • Can you talk about the dip at the ends of all these graphs?

    Competition for HUD homes has increased lately. The last one I put in an offer for had 10 other offers, which was unusual just a couple of months ago, but common now.

    I've heard foreclosures are up, but REO supply is down. Why is this?

    HarshColby 2 years ago

  • We are seeing the lower priced homes getting a lot of interest...

    I have heard that there is a supposed large number of homes the lenders are holding, and not putting on the market yet...YET.

    Shadow Inventory is what it is referred to, and it is supposed to be coming.

    The other thing is that lenders are modifying mortgages, so not all of the homes are actually foreclosing that are included in the numbers...

    talktoterry 2 years ago

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