I found this fascinating quote today:
Please look at and study these numbers carefully – November 9, 2009 – 779 homes in Lodi and Woodbridge in some stage of foreclosure, 223 Bank Owned houses with only 69 on the market which is\ 70% not on the market. Now study the numbers from June 25, 2009 – 689 homes in some stage of foreclosure, 223 Bank Owned houses with 114 on the market – 49% Shadow Inventory.lodihomes.com, Lodi’s Best Real Estate Website for Information, Nov 2009
You should read the whole article.
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