In the last two months I have seen a change in my neighborhood…I have seen two homes bought by flippers at the auction, fixed up and sold.
I also saw another one bought at auction, fixed up and then a for rent sign went up the next week.
That isn’t a huge percentage but I use the free foreclosure site and do not track that often.
Even if the Tsunami comes(which I don’t buy), there are many prepared people on all sides ready to buy them.