Based on an article today from RISMedia 88% of people who are looking into a move up home will consider buying foreclosures. That is tough on the Treasure Coast!! At a meeting I recently attended many Realtors were complaining that we do not have enough inventory already!!
So if you are looking to buy, now is the time! Foreclosure fileings are down dramatically, which means it is going to be harder and harder to get those deals (unless you can endure the lengthy wait of a short sale.
If you would like to read the article from RISMedia click this link
http://rismedia.com/2009-12-15/eighty-eight-percent-of-current-homeowners-looking-to-trade-up-to-larger-home-are-willing-to-consider-purchasing-a-foreclosure/
Untill next time,
Tony