inventory is not declining, they just hit record high again here in SD. Read it here at BMIT!
it is like what one reader said on my blog. it is just like gardening, you plant your NODs, and within a few months they blossom into beautiful REOs. We are simply tasting the fruits of NODs filed back in Feb of this year, and that was only 1,300 in Feb. With the number of NODs progressing to over 2,000 in July, you do the math!