According to the website zillow.com 1/4 of all houses sold last quarter were sold for less than was paid. Not only are people dumping their real estate as fast as they can, foreclosures just continue to accelerate. It seems that the government bail out plan hasn’t had an immediate effect on the problem.
If you’re interested in taking a look as some of the many foreclosure listings you can access one of the top sites on the Internet for free foreclosure listings, including foreclosed homes in all 50 states, HUD foreclosures and Washington Mutual REO properties.
Posted by matthew 