Foreclosure Inventory’s Effect on Home Prices

Dhue interviews RealtyTrac Senior Vice President Rick Sharga, who expects up to 6 million distressed foreclosure homes to head to the marketplace over the next few years. However, Sharga says he expects the properties to be released onto the market in a steady flow of about 1.5 million to 2 million per year rather than flooding the market all at once.

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