As posted on the other blog site, in one specific area (4S) 2 out of 9 defaulted homes are listed. Why the others are not is anybody’s guess: perhaps they’re living there for free until the sheriff comes a’ knockin’. Perhaps they’re hoping for a bailout. Perhaps they’re wanting the bank to recognize them as “distressed” so they can short sale. Who knows?
2 of the condos in my 10-unit bldg are foreclosures. Neither of them is listed for sale.
One thing is for sure: the “facts” our whiny, schizo friend posts about are not as reliable when you take into account that everyone here knows of numerous foreclosed homes that are not being listed. This is why I like this blog, we share info which doesn’t always make it into the MSM.
