Real Estate agents specializing in foreclosures are keeping quite busy these
days. In a down market such as this, buyers can usually find quite a few
bargains. But according to an article that came out today in Realtor Magazine
Daily Real Estate News, even though foreclosures are up, bargains are hard to
find!

DataQuick Information Services, a company that has tracked real estate
transactions since 1988, says

"recent sales found no pattern of foreclosure properties regularly
selling for less than comparable homes."John Karevoll, an
analyst for DataQuick says."There may be some deals out there, but I’m not
sure they’re as many or as good as the perception".  And, Christopher
Cagan, director of research and analytics for First American CoreLogic, a real
estate information company says "things have changed as foreclosures have
increased, in general, the discounts right now are modest".

So if you’re waiting to find that CASTLE for the price of a CABIN, you may
be waiting for a very long time!