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Realtor: Bargains Hard to Find in Attractive Areas

May 5, 2009

Tracey Seslen, Professor at the USC Lusk Center for Real Estate, is quoted in the May 5, 2009 edition of Realtor Magazine:

Bargains Hard to Find in Attractive Areas
Realtor Magazine

...Potential buyers in areas that were hard hit by the housing downturn have read about bargains, but only find it disappointing when they go shopping...

...Even the foreclosure market has slowed, says University of Southern California Professor of Real Estate Tracey Seslen. Seslen said lenders with foreclosures are supporting market stabilization and releasing only a few homes at a time to avoid flooding the markets...