REO Sales on the decline in Forsyth County, while Market Sales continue to rise.

REO Sales on the decline in Forsyth County, while Market Sales continue to rise. imageThe major trend to notice is the steady decrease in REO sales (839 sales), as compared to the steady amount of Market Sales (3,164). With nearly a 4 to 1 margin, this is an indication that the market is getting closer to a correction where banks are moving less inventory, and the market is set to drive the inventory price.

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http://www2.realvaluator.com/e/9612/-SVf2/D6UI/12757702

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