More foreclosures coming could offer opportunities

Dated: 04/10/2013

Views: 1130

  • According to a recent April 2013 report by RealtyTrac; foreclosure inventory is making (a renewed) comeback. 
  • REO inventory has now risen 9% compared to a year ago. 
  • Fannie Mae and Freddie Mac hold 12% of the REO inventory, with Bank of America at 11% and Wells Fargo at 10%.
  • Nationstar Mortgage reports a 101% gain in foreclosure inventory compared to last year, the largest gain for any institution.
  • Search for all Charleston, SC tri-county area foreclsoures HERE

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