Monday, January 23, 2012

Assembly Bill 284 effects

Notice Of Default filings dropped dramatically in October due to the Assembly Bill 284, and continue to be affected. We (Las Vegas) went from over 3,000 NOD filings per month prior to October to just over 100 currently! We are seeing a huge reduction in inventory! There are nearly 100 less REO properties on the market today as there was just 9 days ago!

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