Buy Foreclosed Houses – Survey shows buyers of foreclosed houses are looking to ‘trade up’ – Frederick News-Post

Survey shows buyers of foreclosed houses are looking to ‘trade up’ – Frederick News-PostHomeowners who want to trade up to a larger home may be the leading group purchasing foreclosed properties. A November survey of nearly 2,400 participants nationwide showed 88 percent of those who own a home are “somewhat likely” to consider buying a [...]

Buy Foreclosed Houses – Goldman Fueled AIG Gambles – Wall Street Journal

Goldman Fueled AIG Gambles – Wall Street JournalView Full Image Reuters An auction sign for a property is seen at the front garden of a foreclosed house in Miami Gardens, Fla., in September. The banks wanted protection in case the housing market tanked. Many turned to Goldman, which effectively Source: online.wsj.com

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