All stories about "Trends"

Thursday, May 8, 2008

Who's Afraid of Foreclosure?

8May08_Bernenke.jpgReal estate powerhouse Trulia commissioned a good and proper Harris poll to find out just how frightened home buyers are at the prospect of purchasing a foreclosed property. The survey was conducted over a three day period in April; findings are as follows:

· 69 percent of U.S. adults are a bit skittish about purchasing a foreclosed home (and really, who can blame them given the— ahem— massive media hype surrounding the mortgage crisis.) Fears: 69 percent cite hidden costs, 35 percent risk, and 33 percent fear a drop in home values.
· However, more than half would at least consider it— or thing about thinking about it.

More SHOCKING findings >>

Wednesday, March 26, 2008





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