Thursday, June 18, 2009
No more foreclosures for awhile
California has put another three-month moritorium on foreclosures. That means that there won't be bunches of REOs on the market until mid- to late Fall. It also means that there probably will be more short sales (banks: get your act together on this) and inventory will be short this summer. I think.
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2 comments:
where can i find out more about this moratorium? we're looking for a home this summer.
Anon, just google California foreclosure moritorium. You'll find tons of stuff.
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