Anyone care to speculate how much longer there will be lots of foreclosures on the market?

[Account Closed]

I know the number of foreclosures varies widely by neighborhood, city, state, etc.

But this current time seems like an investors' dream, when many homes can still be bought for 20 cents on the dollar.

Anybody care to speculate about how much longer they think this abundance of foreclosures will last?

Or speculate about how many REO properties that banks, lenders, insurers, etc. are still withholding from the marketplace?