Real Estate

Home Ownership As an Investment

What about all the foreclosed houses flooding the market?

The number of distressed mortgages or foreclosures in the area you are considering will have a depressing effect on all house prices. It not only increases the supply of available houses, it increases the supply of very inexpensive available houses, since the banks or lenders that own them want to receive any cash they can, and are not willing to wait for a premium offer.


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