In Depth Analysis: CalculatedRisk Newsletter on Real Estate (Ad Free) Read it here.

Friday, April 29, 2011

Jim the Realtor: A Stinker REO

by Calculated Risk on 4/29/2011 10:57:00 PM

Jim was just assigned this REO - in a pretty nice neighborhood - but it is a real "stinker". I looked at an REO in the early '80s with a similar issue, but this one has been sitting closed up and vacant for 30 months. Oh my ...



Earlier:
Consumer Sentiment increases slightly in April compared to March
Personal Income and Outlays Report for March
Restaurant Performance Index increases in March
Q1 2011 Details: Investment in Office, Mall, and Lodging, Residential Components
LPS: Mortgage Delinquency Rates declined in March, Foreclosure pipeline "Bloated"