March 27, 2011
There are signs that buyer interest in foreclosed properties is picking up to the extent that the best homes are receiving competing offers.
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Interest in bank-owned properties catching up with inventory
While government leaders expressed concern this week about the continuing pace of new foreclosure filings, a local Realtor, who is among three who list distressed properties for Fannie Mae, said it appears the demand for foreclosed homes is outpacing the supply of them.