Friday, December 18, 2009

One Data Point is not a Trend but …

So I just heard from one of my REO agents. She indicated that this past week she was given 20 REO properties where she rarely saw more than 2 or 3 a week the past 6 months. She also expects more next week in a short week.

I don’t know if this is a trend yet but the backlog might finally be hitting the market.

Curious if you are seeing an increase of REO’s in the MLS in your market.

Good Investing

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