We heard today that Bank of America projects their foreclosed property inventory (in units) to increase approximately 400% between now and the end of next year. At time info was provided, they reported 28,000 properties in inventory. They project over 137,000 by December 2010. The chart above represents the increase over time based on these projections. To see the chart more clearly, double click on it.
Friday, November 6, 2009
Bank of America - Foreclosure Projections
We heard today that Bank of America projects their foreclosed property inventory (in units) to increase approximately 400% between now and the end of next year. At time info was provided, they reported 28,000 properties in inventory. They project over 137,000 by December 2010. The chart above represents the increase over time based on these projections. To see the chart more clearly, double click on it.
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