bank owned properties: Foreclosures Slow Down! - 08/11/11 10:40 AM
If you have been out shopping for a bank foreclosure or REO lately you probably have noticed less and less of them on the market.  Why is this?  Well there could be several reasons for it.
1.  More buyers in the market.  Sales are on the rise albeit slow but they are rising.  Every buyer out there is looking for a deal and most people feel they can find that deal in the REO market and so that is where a lot of the market activity has been, thus depleting the inventory.
 
2.  Banks are not foreclosing on properties.   Because … (3 comments)

 
Nathan Smith, Real Estate Associate Princeville Kauai Real Estate Specialist (Century 21 All Islands)

Nathan Smith

Real Estate Associate Princeville Kauai Real Estate...

Princeville, HI

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Century 21 All Islands

Address: PO Box 223700, Princevlle, HI, 96722

Office: (808) 651-9855

Mobile: (808) 651-9855



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