“Hairline cracks in the dam” of pending foreclosures could help investors buy more property soon.

Today the BBJ reported that foreclosures are down for the 1Q of 2012.  However, investors need not worry, because they are also reporting the expected pent up inventory of foreclosed homes to be released for public sale.  The BBJ cites Brandon Moore the CEO of RealtyTrac as saying there are “hairline cracks in the dam.”

To read the full Birmingham Business Journal article and to see how that will affect your rental home in Birmingham AL click the link below:

http://www.bizjournals.com/birmingham/news/2012/04/12/Alabama-foreclosures-fall-sharply-in-Q1.html?ana=e_du_pub&s=article_du&ed=2012-04-12