Record 2009 foreclosure rate is mixed bag of news

foreclosure
foreclosure

There are two ways of looking at the foreclosure news I'm about to tell you: One is that it is devastating! Proof that our economy may be working better now for Chase and Bank of America and some other "too big to fail" type institutions, but not so for the vast majority of the rest of us. The other way to look at the news I am about to tell you is, for potential home buyers, the year ahead will be a virtual flowing fountain of bargains and opportunities.