Ok, a bit of an overstatement. But, it is wayyyyyyyyyyyy down & over simplified. The question is Why?

1. Foreclosures are at an almost all time low. Most Subject To's are with distressed sellers. If people aren't feeling pressured, they don't budge. Moving is an emotionally draining event for most people. 

2. Over 18,000,000 people refinanced into lower interest rates, making it easier to make their payments and less likely to feel stressed. 

3. With very low interest rates on thier current mortgage, most people won't want to give up the low payment and are afraid of the payment shock of borrowing the same amount of money at a higher rate to get into a new house. 

4. Lending has tightened up, so fewer people can get a loan or find a property to move to.

5.  Guru's & Mentors, for a small fee of $10,000 to $20,000 ;-) are teaching people the upside of Subject To. When it's the right market, with enough funding & knowledge, it works. But forgetting to mention the downsides and when it's the wrong market, it's a disaster. 

And they don't mention the investigations by the state and feds when you make a mistake in the process. Why would they mention that? They won't. It's more profitable to convince tons of people to shell out $10,000 to $20,000 than to actually do Subject Tos. If it wasy easy, everybody would be doing them. ;-)

The market is flooded with "New Subject To wannabes" and with all of the enthusiasm, it's like the Tulip Mainia crash. Lots of money spent, lots of time wasted, lots of people hurt in the process.