Just a humble Real Estate Professional sharing my career and insights for buyers, sellers, investors, agents or anyone breezing through. Not strictly for real estate topics only but in general.
Sunday, June 19, 2011
Foreclosure Crisis?
There may be quite a few foreclosures in Hampton Roads. Right now in my office, we have more buyers than we have houses. Mostly because folks are being very specific right now. I am happy for the ones who can buy now because prices are very good out there and investing would be wise if you had the resources. Good time to flip as well as you stay under $200,000. Investors are swarming right now. Hard to win a HUD home the bidding wars are fierce. I say this is a sign that the market is coming back.
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