This is part 2 of a close look at the numbers for North Atlanta's Real Estate. Why do we need to watch New Homes, and Bank Controlled Sales through the rest of the year? Watch and see...also lending needs to get back to some sort of normal.
Terry your foreclosure market is far from balancing out. The bank controlled sales or short sales will be on the rise and the banks will start excellerating the REO inventory at the same time. So you will not see another dip in REO inventory but an increase as the banks collect the loss agreement from the FDIC. Sorry
Terry your foreclosure market is far from balancing out. The bank controlled sales or short sales will be on the rise and the banks will start excellerating the REO inventory at the same time. So you will not see another dip in REO inventory but an increase as the banks collect the loss agreement from the FDIC. Sorry
bmxswagger 6 months ago