CHARLESGATE Blog

An upside to foreclosures?

Written by Michael DiMella | Aug 19, 2008 4:00:00 AM

Well - we all know the foreclosures are dragging down prices and people are being forced out of homes after it is foreclosed, but is there some upside to the situation?

According to Jenifer McKim in the Boston Globe today the foreclosure epidemic has given rise to a group of buyers able to buy some of these