Thanks for fixing the link. We need help man! Mo mo mo trustee sales are needed. Our the kings horses and men are trying to put humpty dumpty back together with loan mods and phony money. It will not work but it sure the heck can delay things.
Look at the number of trustee sales in July of 08. Just think how much more inventory we would have had if the slope of that trustee sale line would have been left on its own since then.
For all we know both you and I could have found something we liked with that much inventory around.
So when I say needs help, we need more trustee sales to occur. That process needs to go unfettered. No moratoriums, no more legislation that slows down the process, no forced loan mods, just let it go naturally man.