Comments on: We Buy Banks; Markets Rejoice; Where’s The Rescue Plan For Homeowners? http://www.biggerpockets.com/renewsblog/2008/10/15/we-buy-banks-markets-rejoice-wheres-the-rescue-plan-for-homeowners/ Learn, Network, Invest Sun, 22 Nov 2009 23:13:19 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: Grants Pass Oregon Foreclosures http://www.biggerpockets.com/renewsblog/2008/10/15/we-buy-banks-markets-rejoice-wheres-the-rescue-plan-for-homeowners/comment-page-1/#comment-60737 Grants Pass Oregon Foreclosures Sun, 19 Oct 2008 16:08:19 +0000 http://www.biggerpockets.com/renewsblog/?p=1831#comment-60737 It seems as though the main source of the problem in area markets with large REO inventories is declining property values due to the unavailabilaty health or non-REO comps. The areas of the country that have been the hardest hit...S. Calif, Arizona, Florida will recover only after the distressed inventory is greatly reduced. It seems as though the main source of the problem in area markets with large REO inventories is declining property values due to the unavailabilaty health or non-REO comps. The areas of the country that have been the hardest hit…S. Calif, Arizona, Florida will recover only after the distressed inventory is greatly reduced.

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