In the same ridiculous article splashed acroses MSN Business News saying the US foreclosure mess chills market..
in small print it says
"One real estate investor in California said inventory has dropped 75 percent in the past two weeks, prompting a jump in prices"
How about that? So these last 2 weeks that the foreclosures have been kept off the market there has been a jump in prices, and how is this BAD? OH right it is bad for the investors. For Christs sake, can any one see reason in this.. so too bad maybe the investor who now owns 40 houses that he is renting out to poor people who lost THEIR HOMES... should not get such a good deal...
AND GOD FORBID HE ACTUALLY GETS OUT OF THE BUSINESS AND HOME OWNERS BECOME THE BUYERS AGAIN?
CAN SOMEONE PLEASE SEE HOW MESSED UP THIS ALL IS?