The article discusses the housing industry and the effect that foreclosed home auctions are having on investors. There are many investment firms that are reaching out to these auctions as a place to put their money. The numerous amount of foreclosed homes has opened the door of opportunity in this area.
Housing Market and the Economy
The residential sector of real estate has a moderate correlation with the economy. By looking at the housing market, you can see how many people are trying to get loans for new houses. Also, the value of current home owner's homes effects the amount of wealth they have which in return will determine the amount of purchases they will make.
No comments:
Post a Comment