- This topic has 665 replies, 23 voices, and was last updated 14 years, 8 months ago by
scaredyclassic.
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April 1, 2011 at 11:02 AM #683620April 1, 2011 at 11:31 AM #682453
bearishgurl
Participant[quote=Scarlett]No tsunami, but maybe a smaller wave? There must be quite a bit of shadow inventory, releasing all that by next year should at least create a larger inventory?[/quote]
Possibly, Scarlett, but will it be inventory you want? From what I’m seeing, much of the inventory they have been holding back in the shadows in my neck of the woods are SFRs encumbered with 25+ years of Mello-Roos bonds and also HOAs. The majority of it is attached condos/townhomes, some encumbered by more than one HOA.
Of course, I’m probably giving them way too much credit here, but wouldn’t the REO lenders have already foreclosed on and unloaded the most “salable” properties they had an interest in??
April 1, 2011 at 11:31 AM #682507Participant[quote=Scarlett]No tsunami, but maybe a smaller wave? There must be quite a bit of shadow inventory, releasing all that by next year should at least create a larger inventory?[/quote]
Possibly, Scarlett, but will it be inventory you want? From what I’m seeing, much of the inventory they have been holding back in the shadows in my neck of the woods are SFRs encumbered with 25+ years of Mello-Roos bonds and also HOAs. The majority of it is attached condos/townhomes, some encumbered by more than one HOA.
Of course, I’m probably giving them way too much credit here, but wouldn’t the REO lenders have already foreclosed on and unloaded the most “salable” properties they had an interest in??
April 1, 2011 at 11:31 AM #683129Participant[quote=Scarlett]No tsunami, but maybe a smaller wave? There must be quite a bit of shadow inventory, releasing all that by next year should at least create a larger inventory?[/quote]
Possibly, Scarlett, but will it be inventory you want? From what I’m seeing, much of the inventory they have been holding back in the shadows in my neck of the woods are SFRs encumbered with 25+ years of Mello-Roos bonds and also HOAs. The majority of it is attached condos/townhomes, some encumbered by more than one HOA.
Of course, I’m probably giving them way too much credit here, but wouldn’t the REO lenders have already foreclosed on and unloaded the most “salable” properties they had an interest in??
April 1, 2011 at 11:31 AM #683271Participant[quote=Scarlett]No tsunami, but maybe a smaller wave? There must be quite a bit of shadow inventory, releasing all that by next year should at least create a larger inventory?[/quote]
Possibly, Scarlett, but will it be inventory you want? From what I’m seeing, much of the inventory they have been holding back in the shadows in my neck of the woods are SFRs encumbered with 25+ years of Mello-Roos bonds and also HOAs. The majority of it is attached condos/townhomes, some encumbered by more than one HOA.
Of course, I’m probably giving them way too much credit here, but wouldn’t the REO lenders have already foreclosed on and unloaded the most “salable” properties they had an interest in??
April 1, 2011 at 11:31 AM #683625Participant[quote=Scarlett]No tsunami, but maybe a smaller wave? There must be quite a bit of shadow inventory, releasing all that by next year should at least create a larger inventory?[/quote]
Possibly, Scarlett, but will it be inventory you want? From what I’m seeing, much of the inventory they have been holding back in the shadows in my neck of the woods are SFRs encumbered with 25+ years of Mello-Roos bonds and also HOAs. The majority of it is attached condos/townhomes, some encumbered by more than one HOA.
Of course, I’m probably giving them way too much credit here, but wouldn’t the REO lenders have already foreclosed on and unloaded the most “salable” properties they had an interest in??
April 1, 2011 at 12:46 PM #682498CricketOnTheHearth
ParticipantLooking at the date of the press release, I’ll believe it when I see it. I wouldn’t put it past the [censored] to come on tonight and say, “April Fool’s!”
April 1, 2011 at 12:46 PM #682551ParticipantLooking at the date of the press release, I’ll believe it when I see it. I wouldn’t put it past the [censored] to come on tonight and say, “April Fool’s!”
April 1, 2011 at 12:46 PM #683174ParticipantLooking at the date of the press release, I’ll believe it when I see it. I wouldn’t put it past the [censored] to come on tonight and say, “April Fool’s!”
April 1, 2011 at 12:46 PM #683316ParticipantLooking at the date of the press release, I’ll believe it when I see it. I wouldn’t put it past the [censored] to come on tonight and say, “April Fool’s!”
April 1, 2011 at 12:46 PM #683671ParticipantLooking at the date of the press release, I’ll believe it when I see it. I wouldn’t put it past the [censored] to come on tonight and say, “April Fool’s!”
April 1, 2011 at 1:05 PM #682508AK
ParticipantBeat me to it CotH 🙂
Also note the follow-up article in that thread is from “Business Wired” by “Abril Engana” 🙂
April 1, 2011 at 1:05 PM #682561ParticipantBeat me to it CotH 🙂
Also note the follow-up article in that thread is from “Business Wired” by “Abril Engana” 🙂
April 1, 2011 at 1:05 PM #683184ParticipantBeat me to it CotH 🙂
Also note the follow-up article in that thread is from “Business Wired” by “Abril Engana” 🙂
April 1, 2011 at 1:05 PM #683326ParticipantBeat me to it CotH 🙂
Also note the follow-up article in that thread is from “Business Wired” by “Abril Engana” 🙂
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