Some foreclosures are declining across the country. According to Forbes.com reports that the number of homes in foreclosure dropped 3% in 2015 compared to the previous year. However, while foreclosures may be dropping in certain parts of the country, in some larger metropolitan cities, foreclosures account for a substantial amount of the market.
The reality is, that most people don't initially start out their home search sifting through foreclosures. Many home buyers don't know enough about them or maybe hold a stigma over them. The fact of the matter is, foreclosures are an absolute gold mine for investors or first-time buyers, especially.
Just under 1 million homes in the U.S. are foreclosures according to Experian. "Florida has a statewide…
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