Foreclosures - A House Hunter's Dream

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More house hunters are turning to foreclosures to find their dream homes.

Sales of foreclosures and vacant new homes are skyrocketing in California, Florida, Nevada and Arizona.

Click play to watch Pat Robertson's analysis of the mortgage crisis following this report.

Nationwide, one out of every four home sales this year has been a so-called "distressed sale."

Some realtors say that could be a sign the housing crisis may be bottoming out.

Some sellers have been setting prices at extremely low levels and that's led to some good buys for many customers.

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CBN News
CBN News

CBN News

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