NFFS General Contractors attended the REO Expo in Fort Worth last week to stay abreast of market trends. Owner Marti McCoy and CEO Jerry Macnamara represented the company at the industry trade show. Among the highlights of the show was the keynote presentation by Corelogic Chief Economist, Mark Fleming. Mark was gracious enough to share his slideshow presentation with us. If you can dive through the numbers, you can learn a lot about the economy and where we might be headed. For us in the Florida REO market, you’ll note on slide 10 that Florida still has a robust inventory of Foreclosure Inventory. Is is estimated that due to the judicial foreclosure process in Florida, there is a five year backlog of properties that are still in the pipeline.
What do you see in this presentation?
Presentation courtesy of Mark Fleming and CoreLogic