No Inventory Uptick Expected

Written by Jim the Realtor

November 23, 2012

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:

2 Comments

  1. W.C. Varones

    I gotta quit paying my mortgage.

  2. Jim the Realtor

    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.

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