Foreclosure Rates are Expected To Hit All Time High

Foreclosure Investing

Reading the pulse of the market, I am getting the sense that I am not alone in the Foreclosure Doomsday theory.

I have been stating that a large (VERY LARGE) of Foreclosed Homes are about to hit the market.

Evidence and stats are mounting as Stated are reporting unusually high forcloures and deliquencies.

A great article by Tom Jandt goes into details of why this is closer to reality than most think.
Here is a snippet of his article

"I believe America will have the largest foreclosure rate in history over the next 10 years and the real estate crash in the United States will make the stock market "Dotcom Crash" of 2000-2001 look like a blip on the screen. Ironically, I believe this will make the stock market go back up and even make all time highs."

So the wise investor should get ready and look for the best foreclosed property in the coming months.

filed under: foreclosure investing