This is good news for the housing market! 

Collier Swecker, Real Estate Broker in Birmingham AL, video blogs about how home buyers need to understand that banks have started to accurately price foreclosure listings so that they will sell quickly and closer to asking price. Gone are the days where banks spend little effort in arriving at a listing price and just hope that they get as much as they can. The banks have finally learned that they will economically come out better if they act more like a traditional home seller than as a stubborn bank. This economy has forced the banks to not only price homes accurately but also to do more necessary repairs on the home prior to putting it on the market.