The Truth in the News #9 Are the Low Number of Foreclosures Stalling the Housing Recovery?

In this video I ‘Unpack’ a recent CNBC article where it is reported that the number of foreclosed properties last month are at a 40 month low. The article discusses it’s impact on the housing recovery. I provide my feedback and analysis regarding this phenomina and what the role of short sales and loan modifications are playing on the slowdown.

Post by Bob Gibbs

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