sdrealtor
“Funny? I just spoke with a couple of the largest REO lisitng agents in the county and they all say they are dead quiet on new listings.”
Maybe this Citi Mortgage Cram-Downs Thing the Banks know they will be doing one way or the other that’s holding them from the market.
I know of several O.C. investors with large numbers of short sales pending (bought near to the top of the market and rented) that would love to take advantage of this somehow.
For some reason the Banks are still working with these guy’s , hard to figure.
