As foreclosures ease, the logical assumption is that home prices will rebound. But this unique housing market could turn that assumption on its head: "Investors and first timers want REO and short sales. Anything done to prevent the flow of distressed property will hurt the volume of existing home sales... An REO-to-rent program will bring about record lows in [volume], and volume precedes price."
As foreclosures ease, the logical assumption is that home prices will rebound. But this unique...
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