Took the title from Eminem's Will the Real Slim Shady Please Stand Up!
Banks are keeping 90% of their inventory off market. Foreclosure related sales are around 34% of current total home sales nationwide. There are 33 delinquent mortgages for every foreclosure in Ohio. Prices are for the most part flat at best nationwide. If the market can barely gain trying to absorb the 10% of REO now, what will happen to prices upon release of the other 90%?
So, here we are in another liberal induced touchy feely, slap each other on the back . . .
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