19.06.2012 - Is buying foreclosures now 'sexy?'
A recent survey seems to suggest the same, albeit less colorfully: Realtor.com found that buyers are now three times as likely to buy a foreclosure as they were just 2½ years ago. In the May survey, 64.9 percent of respondents said that they were likely to buy a foreclosure, leaps and bounds ahead of the 25.3 percent who said the same in the online listing service's October 2009 survey. That sheds light on what industry insiders say is a broad shift in the public's perception of foreclosures, as more buyers and investors have familiarized themselves with a market dominated by foreclosures...............................................Full Article: Source
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