Sabtu, 30 Oktober 2010

The Daily Progress Reports on a Niche Market: Local Builders Finishing Bank-Owned Properties For Resale

It's an interesting story about some guys staying afloat in these tough times.  The article goes on to explain the downward price pressure that short sales and foreclosures are putting on pricing in this market,  then  accurately describes the Shadow Inventory.

But the article takes a left hand turn into Wha--huh? when the reporter says,
The local market reflects national trends, but the market

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