reos: Where's the "Shadow Inventory" for Sonoma County,California? Does it Really Exist? - 03/30/10 04:55 PM
The alledged and much ballyhooed "Shadow Inventory" has not surfaced here in Sonoma County, California. WHY? I recently interviewed Ivan Choi, current President of REOMAC, former Sr. VP for REO sales at Bank of American and now with Prospect Mortgage, Ivan stated we should be in a market with thousands of REO properties flooding our price points but we are NOT! Why--"Government Intervention" Ivan states.
  He related how our real estate market, in its greatest decline since the "great depression", has massive government intervention with many attempts to halt this huge slide of home owners into foreclosure. The HAMP program … (5 comments)

 
Michael Kelly, CDPE,CIPS,CRS,SRES (The Kelly-Norman Team Keller Williams RE)

Michael Kelly

CDPE,CIPS,CRS,SRES

Santa Rosa, CA

More about me…

The Kelly-Norman Team Keller Williams RE

Address: 120 Stony Point Road, Suite 140, Santa Rosa, CA, 95401

Office: (707) 206-4507

Mobile: (707) 322-8503

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Happenings in the wide, wonderful world of the Wine Country and the real estate market contained herein.


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