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.


  1. Anonymous9:03 PM

    where can i find out more about this moratorium? we're looking for a home this summer.

  2. Anonymous10:48 AM

    Anon, just google California foreclosure moritorium. You'll find tons of stuff.