This isn’t old news. We have seen a decline in Foreclosures for sometime now. Investors are either buying to flip or holding on to these properties to rent and hold. This market is like a roller coaster it goes up and down. If you are planning to buy foreclosures either to flip or hold on to make sure you are working with the right real estate agent that will provide you valuable information before purchasing just any property. Its key to see whats around that area and what they are selling for. As an active investor since 08 we are very cautious. Work with someone that is not afraid to tell you not to buy and someone who will look out for your best interest. Contact The SRL Group with any questions at 480-612-0367. We have agents serving the entire valley or go to www.thesrlgroup.com and search on the MLS.