The Florida real estate foreclosure nightmare is still not over, although Arizona has now surpassed them in the first few months of 2008, according to RealtyTrac. There are many factors that have contributed to the Florida real estate foreclosure nightmare: adjustable rate mortgages, an over-inflated housing market, and the loss of jobs in a recession. [...]
With the glut of foreclosure real estate in some areas which used to be prime markets, now my be the time to buy a house. However, is it time to buy more than one house? Whether you consider foreclosure real estate to be a good investment depends on whether you are willing to put up [...]