Wednesday, February 16, 2011

Fannie Mae Getting Serious About Selling Foreclosures in US

Fannie Mae Foreclosure Prices Fall Below USD35,000 in Allegheny County Pennsylvania

Across the United States, Fannie Mae has taken back a load (think thousands upon thousands) of foreclosed homes over the past couple of years. What is troubling is that large portions of their foreclosure inventory is not listed for re-sale on public markets in most major U.S. metro markets. However, this recent study found in Pittsburgh Pennsylvania, Fannie Mae is pushing out its inventory with aggressive, low prices. Time will tell if this trend can appear in more markets.

Posted by foreclosed america @ 05:08 PM (831 views)
Please complete the required fields.



Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>