News, The Best Places to Buy Foreclosed Homes. (sink, property, blue)

[JD59]

Only today's bravest buyers would consider homes in cities like Las Vegas and Tampa, where rampant foreclosures are sinking already weak real estate markets.

But in markets in other cities, where there are hints of stabilization, foreclosed properties might be a good investment.

ABC News: The Best Places to Buy Foreclosed Homes

[zanna vaida]

I can add the Buffalo-Niagara Regions: affordable housing in the great location. When the foreclosure property appears, it sells like a hot cake. In the great buyer's market every good deal is great long term investment. Buy now.

[sierraAZ]

Originally Posted by zanna vaida

I can add the Buffalo-Niagara Regions: affordable housing in the great location.

Hmm, and what exactly is so great about the location? Real estate is like anything else - you get what you pay for. There's a good reason for anything being "affordable"... I hear Gary, IN, is very affordable, too.

[zanna vaida]

Originally Posted by sierraAZ

Hmm, and what exactly is so great about the location? Real estate is like anything else - you get what you pay for. There's a good reason for anything being "affordable"... I hear Gary, IN, is very affordable, too.

Real estate is a local market.