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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Lazarus who wrote (270962)8/25/2010 1:11:35 AM
From: Broken_ClockRespond to of 306849
 
we've had unexpected, surprising, unusually uncertain....and now....

troubling!

One troubling sign for the market is that banks appear to be listing more homes for sale, just as demand has dropped. The number of bank-owned listings increased 12% in August from the previous month. The figures, tracked by Zelman & Associates, include listings for the top 10 U.S. banks in 20 states and from mortgage companies Fannie Mae and Freddie Mac.

online.wsj.com