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"FORECLOSURE STATS SET NEW RECORDS AGAIN ACROSS ALL CATEGORIES."   "WE HAVE A DEVALUATION OF AMERICAS REAL ESTATE HAPPENING OVERNIGHT, NEVER BEFORE SEEN IN HISTORY, ABSOLUTELY UNIQUE SITUATION GOING ON."   "97.75% OF HOUSES BEING AUCTIONED WENT BACK TO THE BANK LAST MONTH"   ---The discounts at the auctions, which aren't even selling, are around 50-70% off and more. Thats a million dollar home for 300k btw.   NAR ONLY REPORTS LISTED INVENTORY. YOU DON'T SEE THE MASSIVE AMOUNTS OF HIDDEN INVENTORY.   REO/SHADOW INVENTORY IS GOING TO DESTROY YOUR HOUSES VALUE.       DO YOU KNOW THE RISKS OF THE HOUSE YOU ARE POTENTIALLY BUYING? DO YOU KNOW HOW MANY REO'S ARE IN THE NEIGHBORHOOD? 
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