Bloomberg. Foreclosure filings march on. Georgia in top 10. And here is the quote that scares the bejeebies out of all of us: “The foreclosure problem is still with us and will keep prices down,” Stephen Miller, chairman of the economics department at the University of Nevada at Las Vegas, said in an interview. “The real issue is we don’t know what inventory banks are holding that they have yet to put on the market.”

Maybe I'm some kinda racist, facist, insensitive, ignorant pig but I don't see a way out other than going back to making loans to people who can afford to repay them.

 
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3 Comments on Being in this top 10 list isn't really good.

NOV
12
316,787 Points Outside Blog

Thanks for sharing your thoughts. You can help lots of buyers with the good deals on lender owned foreclosures.

7:41am • #1
186,343 Points 7 Featured Posts Localism Sponsor Outside Blog Hit Router

Sounds like to me you're even worse than how you described yourself...you're a capitalist!  LOL.  Interesting times for sure!

7:44am • #2
Hit Router

Bob: OMG! Can I get counseling for that?

7:51am • #3

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Buddy Snipes

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