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TOPIC: Inland housing supply surges

Inland housing supply surges 14 years 10 months ago #26365

  • Louie Flores
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Inland housing supply surges looks like the banks are reducing the backlog of pending foreclosures.
good news for us..
http://www.pe.com/business/realestate/stories/PE_Biz_W_brokers08.37d7d0f.html

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Re: Inland housing supply surges 14 years 10 months ago #26374

I've been looking around in La Verne and Claremont lately and things are still extremely expensive there and there's very few homes. The banks must be holding the homes there or there just are none!

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Dominic Maricic
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Re: Inland housing supply surges 14 years 10 months ago #26375

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They are starting to let go of some of there inventory..

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Re: Inland housing supply surges 14 years 10 months ago #26379

Yeah I'm keeping an eye on Realty Trac , trying to decide what to do and where to go!

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Dominic Maricic
Home Inspector Pro Home Inspection Software - CEO

Re: Inland housing supply surges 14 years 10 months ago #26384

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Even if you are not looking at a REO property or a short sale if the banks let loose of enough inventory prices will drop across the board.

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Re: Inland housing supply surges 14 years 10 months ago #26414

Boise area has stabilized and started to increase in value slightly, but the outlying town are still dropping. I guess if you can get a good price on a home closer to city center is where the action is.

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