Shrinking pool of foreclosure buyers? 
Survey: Execs predict continued volatility in 2010
By Inman News, Tuesday, December 15, 2009.
Flickr photo by respres.The latest results of a periodic national survey by Trulia.com and RealtyTrac show reduced appetite for foreclosure purchases, but also more realistic expectations.
The November survey found 43 percent of the 2,203 adults surveyed would be at least somewhat likely to consider buying a foreclosed home in the future, compared with 55 percent of adults surveyed in May.
Among all respondents, negative sentiment towards a foreclosure purchase remained high at 81 percent, compared with 85 percent in May. Top concerns included hidden costs, the riskiness of the process, and fear that the home will lose value after it is purchased.
more...
All rights reserved. This content may not be used or reproduced in any manner whatsoever, in part or in whole, without written permission of Inman News. Use of this content without permission is a violation of federal copyright law.
