Comments on: NOVA Buyers Dealing with Picked Over Inventory http://varealestatetalk.com/2009/12/09/nova-buyers-dealing-with-picked-over-inventory/ A Peek at Life & Real Estate in Northern Virginia Wed, 25 Aug 2010 18:31:18 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: cindyjones http://varealestatetalk.com/2009/12/09/nova-buyers-dealing-with-picked-over-inventory/comment-page-1/#comment-326 cindyjones Sun, 13 Dec 2009 15:54:43 +0000 http://varealestatetalk.com/?p=1149#comment-326 Hendrik-I can't imagine that the banks want the prices to go down. The morning money they can recoup by holding on to foreclsoures and strategically releasing them in to the market they better it will be for the local housing market. Hendrik-I can’t imagine that the banks want the prices to go down. The morning money they can recoup by holding on to foreclsoures and strategically releasing them in to the market they better it will be for the local housing market.

]]> By: Hendrik http://varealestatetalk.com/2009/12/09/nova-buyers-dealing-with-picked-over-inventory/comment-page-1/#comment-325 Hendrik Sat, 12 Dec 2009 17:32:25 +0000 http://varealestatetalk.com/?p=1149#comment-325 Hopefully this will be the nail in the coffin for all those upcoming "TSUNAMI of inventory" stories we hear as the REOs show up en masse. They will indeed reappear, but they will do so just as they did this year - not in one fell swoop (driving prices down) but in drips and drops, keeping the market from tanking. Hopefully, they will speed up the release a bit next year to keep prices from moving up more than a percent or two. Hopefully this will be the nail in the coffin for all those upcoming “TSUNAMI of inventory” stories we hear as the REOs show up en masse.

They will indeed reappear, but they will do so just as they did this year – not in one fell swoop (driving prices down) but in drips and drops, keeping the market from tanking.

Hopefully, they will speed up the release a bit next year to keep prices from moving up more than a percent or two.

]]> By: cindyjones http://varealestatetalk.com/2009/12/09/nova-buyers-dealing-with-picked-over-inventory/comment-page-1/#comment-324 cindyjones Sat, 12 Dec 2009 12:56:02 +0000 http://varealestatetalk.com/?p=1149#comment-324 Claude-the fact that 1 in 4 homeowners is underwater right now may play a significant role in our low "regular" sale inventory. Claude-the fact that 1 in 4 homeowners is underwater right now may play a significant role in our low “regular” sale inventory.

]]> By: Claude Labbe http://varealestatetalk.com/2009/12/09/nova-buyers-dealing-with-picked-over-inventory/comment-page-1/#comment-323 Claude Labbe Fri, 11 Dec 2009 00:51:27 +0000 http://varealestatetalk.com/?p=1149#comment-323 Cindy, you are so spot-on; and the photo is a perfect snapshot of what there is. -Claude Cindy,

you are so spot-on;
and the photo is a perfect snapshot of what there is.

-Claude

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