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	<title>Michael Saunders Real Estate Blog &#187; REO</title>
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	<description>Thoughts and Opinions about the Greater Sarasota, FL Real Estate Market</description>
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		<title>The Best of Times and the Worst of Times: The 2009 REO Market</title>
		<link>http://www.thesaundersblog.com/the-best-of-times-and-the-worst-of-times-the-2009-reo-market/</link>
		<comments>http://www.thesaundersblog.com/the-best-of-times-and-the-worst-of-times-the-2009-reo-market/#comments</comments>
		<pubDate>Wed, 23 Sep 2009 15:46:30 +0000</pubDate>
		<dc:creator>Ann Stickel</dc:creator>
				<category><![CDATA[REO]]></category>
		<category><![CDATA[Ann Stickel]]></category>
		<category><![CDATA[foreclosure]]></category>
		<category><![CDATA[housing market]]></category>
		<category><![CDATA[Michael Saunders and Company]]></category>
		<category><![CDATA[RealtyTrac]]></category>
		<category><![CDATA[REO agent]]></category>
		<category><![CDATA[REO market]]></category>
		<category><![CDATA[Rick Sharga]]></category>

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		<description><![CDATA[It wasn’t all that long ago that veteran REO agents and brokers were wondering if they should be pursuing another line of work. Through the early part of the decade, foreclosure activity was at below-average levels, properties that entered the foreclosure process seldom made it as far as the foreclosure auction, and properties that made it as far as the auction were generally purchased by eager investors. As a result, very few properties became REOs, and business for REO specialists was scarce.]]></description>
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