Real 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.

As February came and went, it shed an uncharacteristic ray of light on homeowners and real estate investors who have been living under otherwise overcast skies.