Banks aren't reselling many foreclosed homes

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4 votes

Posted By: Joshua Dorkin, almost 3 years ago (Report Spam)
Category: Housing / Type: News
Source: sfgate.com

A vast "shadow inventory" of foreclosed homes that banks are holding off the market could wreak havoc with the already battered real estate sector, industry observers say.

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At 05:39AM on April 14, 2009 - Edward Alvarez said...

Hey Joshua, Thanks for the article. It was a great read! I must agree that banks are playing by their RULES! Especially now with the stimulus package in place, and holding all that inventory. .

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Banks aren't reselling many foreclosed homes

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