After the release of new home sales this morning it is apparent that the real estate market is not finished correcting.  In Bernalillo County alone, there are hundreds of vacant properties in some stage of the foreclosure process.  That does not include the properties that have already run course and are being marketed as bank owned.  There is absolutely no ...

Check this article on CNBC - shows we are not at the bottom and there are more foreclosure to come.  At least some investor are parking cash in the real estate sector!