http://www.biggerpockets.com/renewsblog/2008/10/15/we-buy-banks-markets-rejoice-wheres-the-rescue-plan-for-homeowners/ Learn, Network, Invest Sun, 12 Feb 2012 02:59:04 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.biggerpockets.com/renewsblog/2008/10/15/we-buy-banks-markets-rejoice-wheres-the-rescue-plan-for-homeowners/#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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