Wednesday, December 17, 2008


Foreclosed Properties Rejected by Buyers

According to a recent study referenced by the Atlanta Business Chronicle, more than half of home buyers are not interested in buying a home in foreclosure. That is good news for sellers in the short term, but it is bad news for the market. Ultimately this will drive down the price of foreclosed properties even more which will then lead to a reduction in the value of all home prices.

Comments: Post a Comment

<< Home

This page is powered by Blogger. Isn't yours?