Thursday, May 08, 2008

Who is Most Likely to Buy Foreclosures

Who is Most Likely to Buy Foreclosures

Interest in purchasing a foreclosed home is rising rapidly, according to a survey conducted in April by Harris Interactive for Trulia.com, a real estate Web site.

Here's what the survey revealed about buyers who tend to be interested in buying a foreclosure:

About 60 percent of single/never-married adults are more likely to be at least somewhat interested in purchasing a foreclosure.

About 50 percent of men are likely to be at least somewhat interested compared with 51 percent of women.

Younger adults, ages 18 to 34, are the more likely than other age groups to consider buying a foreclosure with 69 percent expressing interest.

Only 32 percent of adults 55 and older are interested in buying foreclosures.

Source: Trulia.com (05/08/08)

View available foreclosures homes in the San Fernando Vally and Santa Clarita Valley.

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