Charlottesville's Real Estate Source for Data & Real Estate Analysis
Well, it depends on your point of view. If you are a home owner, the last thing you want to think about is getting a foreclosure notice. If you are a lender who has an inventory of foreclosures, adding another to their books is less than appealing.
But… if you are a real estate investors… then foreclosures along with their discounted prices are a dream come true. Unfortunately their dreams are not going to last long. The latest reports are that foreclosures are down and prices are going up.