Tuesday, July 28, 2009

Over 150 Foreclosed Homes Auctioned in Colorado and Nevada July 14th -18th (PR Newswire via Yahoo! Finance)

As home prices continue their steep decline, buyers hungry for bargains are finding a jackpot of deals at foreclosure auctions. In states saturated with foreclosures like Nevada, banks are aggressively discounting their homes to quickly move them off their books., more 
and Families trade homes for motel rooms as foreclosures rise (New York Daily News)  Some Americans are swapping homes for motels as the ranks of the homeless swell during the recession, crowding out shelters and forcing cities and states across the country to find new types of housing., more 

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