Tuesday, June 2, 2009

Your RealtyTrac Monthly Newsletter

RealtyTrac Logo Monthly Newsletter
June 2009 ISSUE 31
Top Story of the Month
Realty Trac - 10 Best Places to Buy Foreclosure (photo)

10 Best Places to Buy Foreclosures

Despite the housing problems that have hit many areas nationwide, some areas of the country are better poised to stand the test of time than others. Those areas are still affected by the overall psychology of the down market, but represent an opportunity to buy low and realize a high rate of return when the market recovers.
More News from RealtyTrac
news (image graphic) Foreclosure Activity Hits Another Record High in April
U.S. foreclosure activity hit a record high for the second straight month in April thanks to a continued surge in initial foreclosure filings even while completed foreclosures, or REOs, continued their downward trend.
News (image graphic) Time to Unleash Real Estate Investors
Banks are holding higher and higher inventories of foreclosed properties, which can lower neighborhood values even more; however, real estate investors may be a solution to help stabilize local communities and the economy at large.
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