Friday, May 23, 2008

Foreclosure Vs. Home Sales: Foreclosures Are Winning

Following up on April&039;s record-breaking foreclosure numbers, here is a look at how sales are stacking up against default notices: The idea behind this chart is that NODs serve as a proxy for future must-sell inventory (or "phantom inventory," as ocrenter puts it). Comparing sa[...]

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[Source: The Money Blogs]

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