Articles About Ohio
- Author:
- Mike Ochs
- Posted:
- 06.14.2011
Foreclosed Homes Total a Three-Year Supply
The current national inventory of foreclosed homes represents a three-year supply, according to RealtyTrac. Not surprisingly, that is depressing home prices. “This is very bad for the economy,” said Rick Sharga, a RealtyTrac spokesman. In Las Vegas, the foreclosure situation is so dire that more than half of all homes sold in Nevada are foreclosures. […]