New stats about buying

I was recently at a Real Estate conference in Phoenix geared towards REO's (real estate

owned) and found out some fantastic info on what to expect in the next few months and into 2011. The big drop for distress sales will be Feb-March of 2010 and we will have 3x the amount of distress sales that (as a nation) we do now.
Also- by 2011 48% of homeowners will be upside down in their mortgage. Short Sales are the new REO's and it looks as if this business is going to continue at a very steady pace.
In addition to the prices and the volume the tax credit is still available. There truly has never been a better time to buy.
For more info or questions let me know or visit my website at www.buyeradvocatemn.com
to search foreclosures visit www.searchmnhousing.com------ you can search nationally on this site as well.
Dont forget about our exclusive fha bridal registry program as well, which allows newlyweds to use their registry as a down payment source