Thursday, May 21, 2009

REO/Foreclosure Market

Foreclosure totals coming out are staggering. Nevada data posted that almost 7 out of 10 homes are in negative equity territory. These properties are ripe for foreclosure. The banks can't handle the volume coming in. The secondary market is virtually nonexistent and more government bailouts just won't cut it. 

If you're an investor this is the absolute best time to invest in real estate. Residential or commercial. This opportunity will NOT come again in our lifetime if at all! 

Check this site out for foreclosures in your area. They'll give you a free trial offer! Can't go wrong they are the nation's leading source for foreclosure info.


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1 comment:

  1. AnonymousMay 21, 2009 at 3:09 PM

    That's wild news. I didn't know it was going down that far so fast. Thanks for the RealtyTrac link I think I'll give them a try.

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