Distressed inventory is going to dry up in some markets thoughts?

[Jay Hinrichs]

I get daily hot sheets from numerous states were our teams bid at Trustee sales or Sheriff sales.

Today the one I get in Vegas EVERY sale is postponed.

of course this is going nationwide so all that inventory is going to get bottled up instead of hitting the market.

Although foreclosures are way down .. still takes a lot of inventory off the market.. keeps listings from OREO brokers etc etc.

And I suspect those in the NPN business's are going to have things pile up to

[Nicole Heasley Beitenman]

I imagine it's like a dam. Yes, there's a temporary halt, but when that halt is lifted, you're going to have a lot of folk unable to hold onto their homes due to lost wages.