Residential Foreclosure Outlook for next 2 to 3 years

[Joel Owens]

Here is an article with interesting data for the residential markets now and in the future ( 2 to 3 years ).

Of course some pockets of markets are not affected but the article represents what is going on in many markets.

Just wanted to share.

http://www.housingwire.com/2011/01/31/realtytracs-sharga-banks-still-holding-70-of-reo-from-market