This was the first week in 2011 that we had an increase in REO inventory as a percentage of overall propertie savailable on th market. That was due in part to a slight pullback as March expired. The change was actually quite small, a mere shift from 10.14% of the available inventory market that REO's now possess, to 10.19%, so the actual shift is five one hundredths of one percent. 
It appears that the inventory is getting into balance and the time for finding bargain foreclosure prices is drawing to a close. If you want to find an REO property, call me today. 757-227-9007.
Comments(0)