Foreclosures on the Rise. What’s next?

Banks are posting billions in losses, Feds lowered the rate – but who cares, nobody is buying anyway. Our country is using foreign money not to go into government foreclosure and keep economy somewhat a float(would’ve been a recession 5 years back). Prices and affordability went so out of hand so it sounds more like they try to sell us Bentley as an everyday car with ridiculous 10% discount!!  The word foreclosure returns 3,880,000 searches in google.  Wanna buy your neighbor’s castle(which was probably financed with ARM!) check out wiseforeclosures.com for listings in your area.