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FHA To Sell 100,000-Plus REO Units Again in FY 2012

By
Real Estate Broker/Owner with All Seasons Real Estate, Inc. 01336187

FHA sold over 100,000 homes this year and is set to sell even more next year.  Wow!  This is a very large number.  I imagine the touble is far from over and this trend will continue for at least afew more years.  

 

 

here is the full article:  http://www.nationalmortgagenews.com/dailybriefing/2010_476/fha-sell-100000-plus-reo-units-1027453-1.html?ET=nationalmortgage:e2027:102121a:&st=email&utm_source=editorial&utm_medium=email&utm_campaign=NMN_Daily_Briefing_111411

Ed Gillespie
WealthWise Mortgage Planning, a Division of American Pacific Mortgage Corporation NMLS #1850 - Folsom, CA

Sounds like more good buys for buyers are coming to market!  We could use more inventory here!

Nov 14, 2011 04:57 PM