Ford Casper News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Leave us a comment on facebook. There is a huge change in many neighborhoods across the country. Maybe yours. Big investors are buying up foreclosed homes in distressed communities as fast as they can and turning them into rental homes. Its creating whats being called a buy to respect industry. Some levels say the big Financial Firms have bought so many homes, its driving up prices. To check that out, we traveled to guinnette county, georgia. That metro area has the second highest percentage of homes bought by investors after tucson. Our story by David Shuster began at a foreclose auction. Its like a feeding frenzy. The first tuesday of every month, this is the siege on the steps of the g. W. Innette county courthouse in georgia. 86,000. Hundreds of Distressed Properties sold in the blink of an eye. Sold. 86,000. ....

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