Wednesday, January 12, 2011

foreclosure buyers fueling housing recovery

RealtyTrac (logo) Monthly Newsletter
January 2011  
Top Story of the Month
Foreclosure Buyers at Forefront of Housing Comeback (image)
Foreclosure Buyers at Forefront of Housing Comeback.
During the go-go days of the housing boom, thousands of amateur speculators rushed into the real estate market with giddy dreams of real estate riches. Today, in a declining real estate atmosphere, a new breed of buyer is emerging - and clearing the way for a housing comeback.
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VIDEO: RealtyTrac Member Making Millions in Foreclosures
RealtyTrac member Tony Alvarez is an REO serial buyer who has made millions buying foreclosures. With the help of RealtyTrac data, Tony buys one bank-owned REO a week in California's foreclosure-riddled Antelope Valley. VIDEO: RealtyTrac Member Making Millions in Foreclosures
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