Foreclosure market a ‘feeding frenzy’ for flipping houses

So says Colorado Springs, Colo., real estate agent Shawn Jardine in a recent article from the Christian Science Monitor: “It’s a feeding frenzy right now. On one property listed for $65,000, I had 15 offers. The best offer won at $20,000 over asking price.” Wholesalers, which are basically investors with lots of money who can buy in [...]...