More foreclosure properties in DFW area

Have chatted with my agent in the lunch time.  He told me that BOA started to dump more REO properties in DFW area.  He got more than 17 properties in last two weeks from BOA. (much more than "normal" in last two years.)  Also, HUD is moving its inventory in DFW area as well.  They tried to do bucket sale.  But price was not very attractive.  Hud wants to find a channel to dump existing properties fast, so that they can move on to the properties in the pipeline.

So the price in DFW looks bottomed earlier this year, but will change soon.  Hold on your cash and get ready for the next wave of price dip.

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what's DFW area? -mike369- 给 mike369 发送悄悄话 (0 bytes) () 04/20/2012 postreply 11:49:10

Dallas/Fort Worth area -planotx- 给 planotx 发送悄悄话 (0 bytes) () 04/20/2012 postreply 15:06:20

Thanks for the info. -双擎- 给 双擎 发送悄悄话 (0 bytes) () 04/20/2012 postreply 11:58:32

好像是的。我们附近好区出来的HUD房明显增加。 -melody2010- 给 melody2010 发送悄悄话 melody2010 的博客首页 (0 bytes) () 04/20/2012 postreply 12:00:33

好像是的? Really, what is the zip code? 77494 and 77450? -xxyyliu- 给 xxyyliu 发送悄悄话 (0 bytes) () 04/20/2012 postreply 14:31:23

是的,以前很少,最近出了好几个。 -melody2010- 给 melody2010 发送悄悄话 melody2010 的博客首页 (0 bytes) () 04/20/2012 postreply 18:46:25

plano兄最近的龙卷风对你们有没有影响? -美蓝海- 给 美蓝海 发送悄悄话 美蓝海 的博客首页 (0 bytes) () 04/20/2012 postreply 12:08:39

not much in North Dallas. Some halt damages. -planotx- 给 planotx 发送悄悄话 (38 bytes) () 04/20/2012 postreply 14:07:44

回复:not much in North Dallas. Some hail damages. -planotx- 给 planotx 发送悄悄话 (0 bytes) () 04/20/2012 postreply 14:11:00

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