“Even during the darkest economic times, dreams don’t die.” Even in East Atlanta’s Sun Valley, where I took this photo, one man gathers what another man spills. (note the “Zone 6” tag on the apartment building…as Gucci Mane says, and as I say to real estate investors ”meet me in da 6”) “Foreclosures are providing never before seen opportunities for new segments of homebuyers and allowing renters to become first time buyers, allowing investors to grab great deals and allowing families to trade up to larger homes. Until unemployment levels off and starts to get better, we expect foreclosures to continue to play a big role in the 2010 housing market.” Pete Flint, the intrepid CEO of Trulia said that. His comments accompany the latest survey that reveals insights to how consumers feel about purchasing a foreclosed property. “We are seeing a drop in the enthusiasm and excitement that the homebuying audience has expressed in prior quarters for … [Read more...]





