Went to monitor property listings, and dear me the amount of forclosures is insane. In Colorado its almost 9/10 new listings. I can't even get prices because they are pre-auction.
Went to monitor property listings, and dear me the amount of forclosures is insane. In Colorado its almost 9/10 new listings. I can't even get prices because they are pre-auction.
has the media just decided not to talk about foreclosures? I can't find anything written about this
Remember investment funds are holding most properties at the moment and media is there to trick the masses for capitalists. There has been warnings that it was coming, but the data is so new that most media corps haven't been paid to write about it yet. My guess is those investors are cornering their next move before they let the cat out of the bag.
as someone who covers real estate at a shitty business rag- foreclosures aren't even on anyone's minds. It's depressing, and the experts I talk to all assure me that this won't be anything like 2008, even though the signs are already showing up.
Just now, Home Sales Decline faster than expected in September.
Who you gonna listen to? Finance news or the mainstream media? NPR keeps telling me that million dollar McMansions are selling like hotcakes so don't worry.