is there another wave of reos coming maybe: Is there another wave of REOs coming? Maybe. - 04/29/12 06:11 AM
There seems to be a lot of confusion as to whether we've hit the bottom of the real estate value collapse, has the foreclosure wave receded and is the market starting to recover.  I'd love to tell you I have answers to all three, but I don't.  What I do know is what I'm seeing in my market.
During 2007 - 2010, whenever a wave of REOs was about to hit the local market, I would get a large volume of requests for BPOs from a dozen or so companies.  As the government got involved in the real estate market in … (24 comments)