CNN Money: Shadow inventory improves but still threatens housing recovery

From CNN Money – Lee Christie:

NEW YORK (CNNMoney) — An ominous cloud is hanging over the housing market: Millions of distressed properties could be put up for sale at any moment, potentially adding to the glut of unsold homes that are already on the market and depressing home prices even further.

Click here for full article.

About David Mayes

David Mayes has recently received his GREEN certification from the National Association of Realtors. If you enjoy personal attention and great customer service - you need look no further, he cares for his clients and will always go the extra mile to make a deal happen or make a client happy. Whether you are a BUYER or a SELLER all of your needs and wants will be met. With a Master's Degree in Business Administration, Short Sale certified, David brings a rare combination of investment savvy and seasoned experience to every transaction. He writes regularly on OCRealEstateWatch.com and can be reached at david@ocrealestatehq.com or by phone at 949-632-8115.
This entry was posted in OC Real Estate News. Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *