“The 11/07/2007 sale is likely the bank taking it back at auction”.
This brings up a question I have had for a while. Are foreclosure auctions reflected in the statistics as “SALES”, when they revert back to the bank? Aparently they are, therefore skewing sales figures to a more positive side. It appears that there are more sales happening when, in fact, some of those “sales” are really forclosures. Yeah, I think it’s going to start happening in chunks.
