BrokerageIndustry News

Riding herd on short sales

If the distressed real estate market is beating you, join it
Published on Nov 9, 2011

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by CareyBot

Inventory of likely short-sale properties, like the devil's uncatchable herd of cattle in the song "Ghost Riders in the Sky," is outrunning the ability to catch up. Or is it?

In the song, a large posse of "ghost rider" cowboys, with a "mournful cry," are forever chasing the devil's herd but can never catch it. As the cattle come rumbling through the ragged skies, an old cowpoke, resting on a ridge, hears one of the cowboys call his name.

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