Foreign Buyers Help Stop Foreclosure Rush
Thursday, August 28th, 2008Economic news around the country has certainly appeared to be dim in the last few months. As if the housing crisis was not enough, now it appears that the country is in the midst of a recession. The dollar has weakened and many consumers find themselves wondering whether relief is in sight. Quite surprisingly, these problems may actually provide some encouragement for foreign investors to rally the housing market. These foreign investors may help stop foreclosures around the country. (more…)