But I do believe there is sufficient inventory of REO's that one little hiccup in the news reports will send everyone running, and that we can easily create a double dip.

Being on BP, staying on top of the news and making your own real estate investments is a great way to learn the business and you can study something else, like finance, economics or even political science, in school while you're learning real estate.

http://www.inman.com/news/2012/03/8/nar-housing-affordability-index-hits-42-year-high-in-january

Here is a handbill sample from a county in PA:http://pasheriffsales.com/pdf/ADM_4505__ALLEN.pdfOf course, the law requires publication in newspapers as well - but as we all know, many people do not read printed news these days.

RichRich:I have been doing some serious research on the Phoenix market and all the positive news you hear is correct as I am toying with buying land there in the next few months for small development (I want to wait a bit longer and see if this is just a temporary nice bump-up or if it has a legs to it)).

The property has been through an informal probate which in Utah means the Judge OK's the person named by Will or who the family agrees to be appointed the personal representative then the probate is published in the news paper.

I know I'm late to the party and this is probably old news, but for people who had concerns about the SEC filing.  

But, there have been several cases where he's looked at a house with me and told me some bad news about the cost of repairs (mostly structural stuff), and I backed out of the deal.

It was part of a seven-year legal fight involving Marinaccio, the town of Clarence and a developer that, according to The Buffalo News, finally ended last month when the state's highest court ruled that Marinaccio, who was awarded $1.6 million in compensation after the 2009 trial, is not entitled to an additional $250,000 in punitive damages.Marinaccio sued Clarence, a Buffalo suburb, and Kieffer Enterprises Inc. after runoff diverted onto Marinaccio's property from a new Kieffer subdivision turned it into wetlands.

Money can be and IS made in every market, regardless of what the news tells you.