[quote=Jazzman][quote=sdrealtor]Now you beleive RE agents when they are saying what you want to beleive. They arent withholding bank owned properties. Its easy for me to search the tax records to show they dont own them. What they are doing is slowly working through the distress and not foreclosing. You are listening to a few hungry realtors who are as clueless now as they were before.[/quote]
What I want to believe? Why should I believe you anymore than them? You are also broker. Yes? Why should I care, I left CA and bought elsewhere? I do, however, abhor dishonesty.

What’s more important, is I hardly think RealtyTrac would make such a statement if there weren’t some truth to it. If there is price fixing going on, it can be prosecuted under federal law.[/quote]

Sooner or later those banks will be forced to unload their inventory and coming tsunami sounds pretty frightening – I better buy a subscription to RealtyTrac so I can find out what’s happening in my neigbohood.
All kidding aside, I find it distressing that RDN and MTG have sold off to near 52 week lows again.