08/27/08

Updated On 07/03/08 at 10:33AM

Investors buying cheap homes




Real estate bargain hunters have started taking advantage of cheap prices. Some investors are buying houses for less than half the listed price, and renting them until the market recovers. Others are buying houses in bulk from lenders, and reselling them without any renovations. Home prices are expected to continue falling this year, so some large investors are waiting for prices to hit new lows before buying.

More at: [CNNMoney]



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Comments

INNA

looking for a house below marcket price

Comment #1 Posted By: INNA 07/12/08

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