I used to be a big believer in the covert inventory of billions of dollars worth of homes being held back by lenders. The more I work on these sorts of transactions the less I believe it.
Once someone shows me some hard proof then I will be more convinced. It will take more then posts on a blog though. I am not saying it is not true, I just want to see more concrete evidence.
Agreed with your points on the cash purchases at the trustee sale. I can see it happening but not for awhile.
