Industry NewsNews Brief

When prices are too good to be true

Listing sites mix pre-foreclosures with for-sale properties
Published on Jul 7, 2008

Hacker Connect January 16 in New York
An event for and by the real estate tech community

A constant stream of headlines about rising foreclosures and falling home prices in many U.S. markets might lead bargain hunters to believe that there are some incredible deals to be had out there.

And indeed, there are. But are there really more than 100 homes available in tony Miami Beach, Fla., for less than $100,000?

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