For one thing, it tracks non-farm payrolls, which means that a lot of folks who work off the land — or, more to the point, are not currently working off the land — are excluded. That’s one of the reasons why it’s common to see non-farm payrolls drop (suggesting higher unemployment) but the unemployment rate shrinking (suggesting higher employment). Hudson & Marshall, the country’s largest foreclosure auction firm will auction nearly 150 bank-owned foreclosures throughout Tennessee and Alabama on June 24-26. This is a reserve auction, which means sellers have the right to accept or reject any bid; however, in past auctions conducted by Hudson & Marshall, the majority of offers have been accepted. Having sold over 70,000 homes for sellers in the past eight years, Hudson & Marshall of Texas, Inc is the most experienced, trusted leader in the REO auction industry. The company’s accelerated sales process enables it to swiftly and efficiently sell large volumes of property in a way that minimizes expenses for sellers and maximizes return. read more

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