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With Quick-Drying REO Market, Time Is of the Essence

BY Andrew King

Brokers around the nation are seeing different trends in the real estate owned market, but whether there is a full pipeline of properties being unloaded in your territory or the supply has just about fried, one thing is consistent—there isn’t a lot of time to get these homes sold. In some of the hottest REO markets, like Southern California, the inventory of institutionally owned properties have all but sold out.

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