Foreclosures are still a hot topic in the real estate world. A recent survey shows that investors are getting back into the real estate market at a fast pace!

The survey showed that approx twice as many people are interested in investing in real estate VS. in March of this year.

On the buyers side of the equation approx 25% are after Foreclosures.

The largest age range that are interested in purchasing foreclosures is the 35-49 age range.

73% of these buyers expect their homes to appreciate at least 10% over the next 5 years.

28% of these buyers expect to have appreciation of at least 20% or more in the next 5 years!

Almost 25% think that prices are about as low as they are going to go with interest very reasonable.

Foreclosures and Short sales should make up a large part of the business for the next 1-2 years.

Regards,

Richard