Awaiting a wave of North Shore foreclosures?

by Joe Zekas on 11/21/09

A recurring meme among some North Shore real estate agents of late has been concern about the impact of what they view as a pending wave of foreclosures in the area. When I sat down with Matt Garrison yesterday, I asked him to comment on that possibility.

Garrison’s blunt, direct answer goes a long way toward explaining why he’s become CNBC’s go-to guy for real estate market commentary: “There’s a massive amount of inventory on the market – not selling … Nothing appears to be selling.”

Note: Matt Garrison’s CondoShark and ShoreShark Web sites are YoChicago advertisers.

Share:
  • Facebook
  • Google Buzz
  • Digg
  • LinkedIn
  • StumbleUpon
  • del.icio.us
  • Google Bookmarks
  • Live
  • Posterous
  • Reddit
  • Technorati
  • Tumblr
  • email

No related posts.

Previous Post:

Next Post: