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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Jim McMannis who wrote (282054)10/8/2010 3:23:25 PM
From: MulhollandDriveRead Replies (2) of 306849
 
Potential foreclosure inventory back up will be phenomenal.
Wondering if it cuts supply and stabilizes the prices.


that's a possibility and i've argued elsewhere that the banks are probably just fine with the moratorium as it just gives them additional time to peel off the inventory....

unfortunately, i also think that everyone and their brother probably understands this and more than likely will just freeze the housing market even further until this is ultimately resolved
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