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1.35 Years of New Foreclosure Inventory Coming on the Market? How Will It Affect Northwest Arkansas?

foreclosure-notice webI just read a couple of thought enticing (possibly horrifying) articles about the ‘next wave’ of foreclosures.  There’s been a lot of speculation since Bloomberg released data explaining that 7 million more foreclosure were sitting in bank inventory.  Then, Rob Saxe wrote a bit pessimistic (not that I can blame him) article about the same.  Now, Check out my 2 minute video on the ’shadow inventory’ coming on the market…

7 Million Properties…

http://www.vimeo.com/6870380

Thanks for watching/reading.  Stay tuned for more on this hot topic in the coming weeks.  You can also contact me for specific information about your area or neighborhood.

Note:  FYI, my office doesn’t have fake wall paneling if you were wondering about the video background… I was working one of our subdivision open houses when I recorded the video.

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