2013-11-11 — thestreet.com
``This is despite the fact home prices have risen 14% nationally and 30% in California since the end of 2011, which means banks should be getting a relatively higher price now when they sell foreclosed homes.
But the increase in home prices is apparently being offset by the lengthening timeline to liquidate a property that has added to costs for servicing the property.
Average liquidation timelines reached 32 months in the third quarter of 2013, more than twice as long as in 2008. ''
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.