reo properties: What's Ahead for Real Estate in 2012? - 01/01/12 02:18 PM
What's ahead for real estate in 2012?
No one has a crystal ball to see clearly what's in store for the real estate markets in 2012, ,but many things are going on that will have a definite effect.
As agreements are reached between loan servicers and each States Attorney General offices, we can expect more REO properties to reach the market place.  In my area, it seems that REO's are becoming scarce. Will they be allowed to flood the market?  Who knows?
Short sales are becoming more common.  Banks are allowing more underwater sellers to attempt short sales, so it appears … (2 comments)