I have a background in finance and technology. I’ve built some technology tools that I use to screen the market for interesting activity. I’ve done this for awhile for my own use and started the blog awhile back to share this with everyone else. I’m glad that people are finding the data useful.
I’ve never been to the auction downtown. I’m not sure exactly what it is but I’ll surmise that it’s a foreclosure auction. I don’t think we are very close to getting any deals from the foreclosure process. Even if you got a good deal you’d have to resell the unit pretty quickly as the drag on prices is just getting started.
I do have every intention of “going positive” at some point and making a call to start buying well-selected properties. We’re not very close to this point yet.
