[m21sniper]

Originally Posted by Jims5543

The Inventory is not done being cleared out and we are a long way off from that happening.

http://www.tcpalm.com/news/2009/jul/25/in-todays-treasure-coast-housing-market-cash-is/



They are back in Port St. Lucie for another round.

For every home I survey for a closing 4 more around it sit empty or abandoned. We have a long way to go here before a builder will be needed. Sadly for every house I survey, which is about 5-6 a day, that equals $150K or more in losses for a bank. Which means the bleeding has not stopped in the financial world.

And the cycle is renewed.