Did real estate appreciate in Enid over the past 5 years?

Asked by Zmbrennan, San Jose, CA Fri Oct 8, 2010

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J Tucker, , Enid, OK
Fri Oct 8, 2010
So if the courts stop foreclosures because of this fraud in foreclosures would this spur appreciation again do you think?
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Zmbrennan, , San Jose, CA
Fri Oct 8, 2010
Great question. I wonder how much profit big banks made on the underwriting and the servicing of the real estate bubble? Big banks have had record good years. Couldnt they absorb the loss.

This would save pension funds AND HOMEOWNERS.

And, If the shadow inventory disappeared, I think housing would again begin appreciating.
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Desari Jabbar, Agent, Stone Mountain, GA
Fri Oct 8, 2010
I'm not an expert in California. But, many areas in the country have depreciated because of the oversupply of foreclosures and short sales in most neighborhoods.

Best of luck to you!
Web Reference:  http://www.DesariJabbar.com
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