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Pending Home Sales Rise Unexpectedly

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Real estate investors are in investor heaven right about now. It is the best of times because it is the worst of times.

Real estate is at or near the bottom in price. Banks will take pennies on the dollar to unload the foreclosed houses.

Foreclosed homeowners are now forced to be renters.

Real estate investors need renters to make the payments on their investment property until the values rise again in a year or two and they can realise a handsome profit.

HillbillyBill of TN 7:58AM October 09, 2008

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The Home Front

Associate Editor Luke Mullins tracks the treacherous housing market and explains how to unload a five-bedroom McMansion or even find that dream home.

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