Posts Tagged ‘home foreclosures’

Home Foreclosure Insights on NPR

Thursday, September 6th, 2007

The latest in a string of good news for real estate investors is that home foreclosures rates are surging to new records. An interview on NPR this morning with Glen Daniels, a director at Foreclosure.com, offered some insight into their business. Daniels says that the amount of foreclosure properties that he deals with are up but the number of buyers are down. This is because buyers are are uncertain about what the market will do next, and because of the credit situation with banks tightening credit lines which make it harder for buyers of qualify.

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