Courts Add To Foreclosure Delay + House Prices Will Now Drop Another 20%

[mEDITate-OR:
not see that we are NOT all the same...
However, not only do you need to distinguish judicial from non-judicial, you also need to compare "deficiency" vs non-deficiency states.
Disirregardless, what you also NEED to see is that not only have foreclosures shifted from the sand state problem RE loans, but in the sand states the problem has shifted from the lower priced peak RE sales, to the full range of higher RE loans - whenever and no matter how high.
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Courts Add To Foreclosure Delay
Process is Slow in 23 States Where Judges Handle Default Cases
http://online.wsj.com/article/SB10001424052748703358504575544342488365152.html
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Here's Why House Prices Will Now Drop Another 20%
And then there's the still-massive number of foreclosures, which will keep pressure on prices
http://www.businessinsider.com/gary-shilling-house-prices#and-then-theres-the-still-massive-number-of-foreclosures-which-will-keep-pressure-on-prices-9
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