Yes!, even here in Columbus Indiana, where the housing market and Real Estate, have been minimally affected by the down turn in the economy, up until recently!
But is it a "Sad State of Affairs?", or is, "Opportunity Knocking!", a question that is not so easily answered. When people ask me, I say "It's sad for some and opportunistic for others!"
While checking the weather report and road conditions, I happened to visit the Columbus Sherriff's Website, where I located the next Real Estate Auction calender, so I checked it out. I was simply in awe! There are 24 homes going on the auction block January 13, 2009, visit the following link to see homes that are available.
http://bartholomewco.com/forms_center.php?folder_id=31&icon=31&dept=15That made me think, so I then checked out Columbus, IN., here on Trulia, first for Foreclosures, then Bank Owned, and then Auction, those you can look up on your own. Now imagine all those homes plus the on hand inventory in the market today! Remember its a Buyer's Market. Should I suggest checking out "Ocwen Properties"
http://www.ocwen.com/reo/home.cfm or even HMBI is dedicated to providing highly trained professionals to market and manage numerous single-family homes across the country for the Department of Housing and Urban Development
http://www.hmbireo.com/But the point here, is that there are many individuals that are definitely saddened by the foreclosureand loss of their home.
There is a chance for "Opportunity To Be Knocking" it's a very Opportunistic Buyer's market. So if you are thinking about moving or buying a home for the first time, or as an investment, the oportunity is there!
I suggest you hire an agent like myself to research and find that home. Visit my website at
http://www.columbusareahomesforsale.com for more information regarding Buying or Selling. Get yourself Prequalified, have sufficient funds available, and as they say the "World Is Your Oyster!" and you too, can have the American Dream.