Foreclosure Inventory Would Take Three Years to Clear Out
admin2011-06-01T01:52:47-07:00June 1, 2011 (Jeff Alan) With a current inventory of 1.9 million foreclosed homes, it would take three years to clear out the banks’ bustling inventory of foreclosed homes according to the latest data released by RealtyTrac. A total of 158, 434 U.S. properties that were in some stage of foreclosure were sold during the [...]