Foreclosure backlog could act as a drag on house prices
Monday, January 2, 2012
Although the number of foreclosures on homes is down, the end of a processing moratorium could mean an influx of cheap, previously-foreclosed homes on the market, depressing housing prices. In a StarTribune piece about the situation, the Shenehon Center for Real Estate's Herb Tousley talks about the details.
Originally published: 01/02/2012, StarTribune