Freddie Mac REO Inventory Down 30 Percent From 2010 Peak was originally published on Chicago Agent Magazine, the leading source for news and perspective for real estate professionals in the Chicagoland area.
By Peter Ricci The REO inventory for Freddie Mac is down 30 percent from its 2010 peak, according to new data from the GSE. Chris Bowden, the vice president of Freddie Mac’s HomeSteps unit, said at HousingWire’s REperform Summit in Dallas that Freddie’s REO inventory is now at roughly 53,000 units, a decline of more than 20,000 from its peak of 75,000 in 2010. Freddie Mac REO Inventory ? Gradually Winding Down The decline in Freddie’s REO inventory, Bowden explained, has been due to strong demand from buyers for inexpensive REO properties; as we ...
Freddie Mac REO Inventory Down 30 Percent From 2010 Peak was originally published on Chicago Agent Magazine - For the well-informed real estate professional, the leading source for news and perspective for real estate professionals in the Chicagoland area.
Source: http://feedproxy.google.com/~r/chicagoagentmagazine/news/~3/2_cWomjqDQE/
No comments:
Post a Comment