REALTOR® Magazine-Daily News-Another Rash of Foreclosures Coming Soon
Attached is a link to a very timely article from Realtor.com
With resale home inventory levels the lowest it has been in years, the local real estate industry has been expecting a new wave of foreclosures to start coming on the market soon. Most of the banks ended the voluntary moratorium in February. With a 4 month foreclosure process in Colorado, we should begin to see new bank-owned listings very soon. This may be good news for investors and 1st time home buyers, as home prices will likely stay depressed through the end of 2009.
REALTORĀ® Magazine-Daily News-Another Rash of Foreclosures Coming Soon
Categories: Littleton Neighborhoods
