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California State Senate Bill 1137 Fails to Reduce Foreclosures

By Short Sales Buyers

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January 17, 2009 08:10 PM

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Mark MacKenzie

Phoenix, AZ

Moratoriums and modifications are not the answer, especially with rising unemployment.

The systemic problem is that there are too many homes for sale and not enough demand for them, until this is brought back into balance, none of these other things will have much of an impact.

Jan 18, 2009 12:15 AM

Short Sales Buyers

ShortSalesBuyers.com - Fullerton, CA

To increase demand is only 2 possible way.... drop the price or give some type of incentive. I'm really going to dig into the tax reform that you mentioned. Thanks for the comment.

Jan 20, 2009 07:29 AM