Well, we might not be as happy with Bill’s information regarding foreclosure filings at the end of 2008, but we would rather have the truth than not, right? Bill mentions that an Akron Beacon Journal article that was overly optimistic. Henry Gomez wrote in this week’s PD that sheriff sales were down 32% – may be true and that is great, but foreclosure filings were not.
It will be a while before we know the January stats.
I will say that in certain neighborhoods, there have been less new bank owned listings coming available for my clients. But that could mean they just haven’t come on the market yet.
Time will tell how things play out. As I always say, one or two months of stats don’t make a viable trend. One thing we know, we can count on Bill Callahan to keep us updated on stats, no matter how they fall. Peace Out – 3C

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