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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (645722)	2/17/2012 3:45:16 PM
From: i-node	Read Replies (1) \| Respond to of 1575797

Look.......I am in real estate. Banks start to put up their foreclosures for sale when the markets begin to shown improvement and inventories are at their lowest. That's what happening in metro areas throughout the country. For an example, Seattle has the lowest inventory for sale since 2005. Sorry but housing is in recovery. Your statement implies that you are currently employed. Is that what you meant to say?

To: tejek who wrote (645722)	2/17/2012 4:09:22 PM
From: Tenchusatsu	Read Replies (1) \| Respond to of 1575797

Ted, > Banks start to put up their foreclosures for sale when the markets begin to shown improvement and inventories are at their lowest. How does that jibe with the news that foreclosures are on the rise again? Of course banks will want to sell off their foreclosed homes as soon as the markets show improvement. But in the meantime, a foreclosure backlog has been building for a while now thanks in part to regulators who thought the whole process was getting out of (their) control. That backlog is now leading to a spike up in foreclosures. And that will continue to put downward pressure on the real estate market. Come on, you should know all this, Mr. Real Estate. Tenchusatsu