Answers (4)
- Gene Clements, "Gene Clements"
- Contributions:18
Yes, their will be more and more foreclosures and shorts coming on the market. As the others wrote the banks have lot of inventory and will be liquidating it. More and more people are also being educated on short sales and the advatanges they may have for distressed home.
- Deb Forte, "debbieforte"
- Contributions:393
Hi Joe I would have to agree with the other answers yes!!!
- Linda Acevedo, "Linda Acevedo"
- Contributions:9
Yes there will be many short sales and foreclosures coming on the market. The goverment does not want the banks to release them all at once because it would have a negative impact on an already struggling market as well as force property valuves down.
- Linda Strasberg, "L Strasberg"
- Contributions:2563
Banks are releasing them in small dribs and drabs...all this pent up demand is creating multiple offers above list price
Are there more foreclosures coming on the market?
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