Sep 9 2010
California MLS inventory up 25 percent since April. MLS public data at 144,000 but 742,000 mortgages in California are in foreclosure or one payment behind.
MLS inventory for California has increased by 25 percent since April of this year. Part of this has to do with more foreclosures and short sales trickling their way onto the market. It also has to do with sales declining because of tax credit expiration fatigue. But what is the real inventory if banks were […]