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Take a look at this graphic from CoreLogic for February showing the months supply of distressed homes by state. This is the amount of inventory by state. Now don’t worry about the actual number.  If you’re in Washington it’s 17.9, but look at the other states, like North Dakota at 1 or even Montana at 5.2 months, and if you’re in a state that’s more than ten you’ll realize there is some distressed properties coming. Know that even though demand is up, supply is going to rise also.  - Courtesy of KCM Crew

CNN Money came out with their own story, “The flood of foreclosures to hit the housing market”. Let’s let them see from a third party, not from you, not from NAR, not from me, third party people out there are saying there’s going to be an increase in the amount of inventory coming to the market and it’s going to be distressed inventory, foreclosures and short sales, and we all know they sell for a discount. – Courtesy of KCM Crew