DSNews writer, Carrie Bay published an article today citing Barclays' bank analysts pointing toward a continued drop in pricing around the country, but a slowing of the foreclosure process and eventual bottoming of pricing.
This is a trend we have been seeing in Memphis foreclosures as the number filings slows and inventory reduces. The number of properties in Memphis in pre-foreclosure notice status and behind on payments continues to remain high, but is expected to level off and be reduced over time.






