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In the real estate graph above, we measure the current trend of banks taking action to get rid of bad loans. If the blue line is rising, we believe banks are converting a higher rate of bad loans to full-blown foreclosure sales, while if the blue line is falling, then the opposite is true. What does Eva have to say.

In the real estate graph above, we measure the current trend of banks taking action to get rid of bad loans. If the blue line is rising, we believe banks are converting a higher rate of bad loans to full-blown foreclosure sales, while if the blue line is falling, then the opposite is true. What does Eva have to say.

Currently in Tallahassee, lis pendens (the initiation of a foreclosure action by a lender) are falling, foreclosure sales (the termination of a foreclosure action and removal of a bad loan by a lender) are rising, and thus the conversion of lis pendens to full-blown foreclosure sales is rising.

The information in the graph above seems to reaffirm what the attorney was seeing at his office. This is an excellent sign for people who are concerned with long-term real estate values, as we must get the banks to move forward before we will see the real return of the housing market. What does Andrea have to say?

The information in the graph above seems to reaffirm what the attorney was seeing at his office. This is an excellent sign for people who are concerned with long-term real estate values, as we must get the banks to move forward before we will see the real return of the housing market. What does Andrea have to say?

Additionally, if you visit our Tallahassee Short Sales Page, you will see that many of our short sales have moved to “Sold” status. This also is more anecdotal evidence that banks are beginning to show signs of flexibility in order to clear their books. What does Donte’ have to say? Additionally, if you visit our Tallahassee Short Sales Page, you will see that many of our short sales have moved to “Sold” status. This also is more anecdotal evidence that banks are beginning to show signs of flexibility in order to clear their books. What does Donte’ have to say?

Additionally, if you visit our Tallahassee Short Sales Page, you will see that many of our short sales have moved to “Sold” status. This also is more anecdotal evidence that banks are beginning to show signs of flexibility in order to clear their books. What does Donte’ have to say? Additionally, if you visit our Tallahassee Short Sales Page, you will see that many of our short sales have moved to “Sold” status. This also is more anecdotal evidence that banks are beginning to show signs of flexibility in order to clear their books. What does Donte’ have to say?

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