One little piece of information, though, seemed to me extremely relevant — and under - reported: This past January saw more short sales close
nationally than foreclosures.
One little piece of information, though, seemed to me extremely relevant — and under - reported: This past January saw more short sales close
nationally than foreclosures.
Not exact matches
In fact, few things can be more damaging to growth
than the kind of financial crisis that Mulvaney conveniently looks past — the one that started precisely in 2007, sent unemployment to 10 %
nationally and much higher in many places, and resulted in bailouts for banks but
foreclosures for working Americans.
The storm of
foreclosures nationally may still be raging, but real estate professionals who take the time and develop the expertise to work with REOs could find themselves sailing smoothly through 2008 with more business — and better long - term relationships with clients and lenders —
than they had before the REO rampage hit.