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


To: Skeeter Bug who wrote (278645)9/25/2010 6:23:15 PM
From: yard_manRead Replies (2) | Respond to of 306849
 
perused the 10Q of my bank --

this jumped out at me ~80% increase in foreclosed properties held for sale since December 09 -- now it makes me wonder how are those on the books --

I guess at loan value -- that they probably haven't marked anything down ... pretty big increase for this area, I think