Tuesday, June 3, 2008

New REO Practice Starts In Bend

For more proof that Oregon’s housing market isn’t different I give you the following from the Business Journal:

The Hasson Co. is adding a new specialty in foreclosed homes.
The new "Real Estate-Owned" practice is being launched by the company's Buccola Group in Bend.
Hasson said it is responding to a surge in foreclosures. In Oregon, there were more than 1,600 properties in some state of foreclosure in April, or one for every 975 homes in the state. The Hasson Co. plans to work with financial institutions looking to sell foreclosed homes.

I gotta tell you I’m disappointed the press release didn’t contain the words ‘sustainable’, ‘green’, or ‘carbon footprint’.