Rising REO Prices Are Squeezing Investor MarginsCompetition for REOs is driving up prices significantly in most regions of the country, which in turn is having an effect on investor margins in some of the largest traditional investor markets.Nationally, REO prices have risen an average of 8.1 percent over the last year on a median price-per-square-foot basis have outpaced non-REO price declines of -0.7 percent by 8.8 percentage points, according to the latest data from Clear Capital.For those … [Read more...]