Comments on: Housing Vacancies Q3 2009 Report http://johngaltfla.com/blog3/2009/10/30/housing-vacancies-q3-2009-report/ Terminus of orbis terrarum ut nos teneo is Fri, 12 Mar 2010 01:36:17 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: koios http://johngaltfla.com/blog3/2009/10/30/housing-vacancies-q3-2009-report/comment-page-1/#comment-309 koios Fri, 30 Oct 2009 19:42:33 +0000 http://johngaltfla.com/blog3/?p=329#comment-309 JG- Two more REOs were thrown our way today for repairs - one of which is a $1.5MM house in the oldest & most expensive neighborhood in Charlotte. Last year this time I had never done a REO - this year 11 so far, and I'm not even marketing to REO brokers. Once BOA & Wells/Wachovia start to cut heavily, it will be all over. Local unemployment is at 12.5% already. I had clear sailing up I-77 at 8AM this morning. Normal at that time was 30-45 minutes last year. JG-

Two more REOs were thrown our way today for repairs – one of which is a $1.5MM house in the oldest & most expensive neighborhood in Charlotte.

Last year this time I had never done a REO – this year 11 so far, and I’m not even marketing to REO brokers.

Once BOA & Wells/Wachovia start to cut heavily, it will be all over. Local unemployment is at 12.5% already. I had clear sailing up I-77 at 8AM this morning. Normal at that time was 30-45 minutes last year.

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