Are you looking for an experienced agent to help you buy or sell a home? Contact Jim the Realtor!
Carlsbad
(760) 434-5000
Carmel Valley
(858) 560-7700
jim@jimklinge.com
Posted by Jim the Realtor on Nov 23, 2012 in Forecasts, Foreclosure Count, Inventory | 3 comments | 
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National inventory in green on left – it looks like they expect another 50% drop next year!
On the right, they are predicting that there will be less than 1 foreclosure filing per 1,000 households by the end of next year. The banks figured it out – just stop foreclosing:
Are you looking for an experienced agent to help you buy or sell a home? Contact Jim the Realtor!
Carlsbad
(760) 434-5000
Carmel Valley
(858) 560-7700
jim@jimklinge.com
I gotta quit paying my mortgage.
Wait until after Jan 1 when the banks are prevented from dual-tracking – they have to run you through the entire loan-mod waterfall before filing the first NOD.
We may not see many – if any – foreclosures during the first half of 2013.
I’ve been living mortgage free for the past 3 years. It allows me to save a huge chunk of savings.