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  • Banks to unleash flood of REOs

    Part I: Impact on inventories lags foreclosures By Matt Carter, Monday, January 26, 2009. Inventories of unsold homes are likely to swell in coming months as lenders begin to push a growing backlog of repossessed homes up for sale -- often in communities already awash in distressed properties. While builders have cut back drastically on the ...
    Posted to Washington-Oregon MLS Post (Weblog) by 548777 on January 26, 2009