Imagine, it's a snowy December morning in New York City. You live in the Magnolia Apartment structure, which totals some 300 units.

A man is walking around the building, nailing papers to the doors. You examine yours and learn that it's an eviction notice; your landlord has been foreclosed upon and you have thirty days to get out.

Veros, a "proven leader in enterprise risk management and collateral valuation services" for more than five years, released their Market percentage data from December 1, 2007 to December 1, 2008.

If you are interested in metropolitan investing, their latest data shows you some of the best cities to explore, as well as some of the worst.

More and more potential homeowners are choosing renting over ownership in the current market. Given the high number of foreclosures that have been plaguing the Nation and plummets in consumer and business confidence, this makes sense.

Particularly interesting are the implications for American foreclosure (and property) investors globally. If you plan to pay off multiple real estate investments by establishing rental income properties, this is great news - there will be plenty of people looking for rental housing and even preferring it, which means you can be picky about the people you rent to and competition for blow-out deals will be lower!

Default notices in Illinois up 26% from July 2008 and 37% from August 2007

Santa Barbara, September 15, 2008 – RealtyStore (www.realtystore.com), the nation’s leading provider of foreclosure listings, released its monthly Illinois Foreclosure Report.

In an interview with "Merrill Ottwein, a broker and past president of the National Association of Exclusive Buyer Agents," the Chicago Tribune learned of five useful tips for buyers considering the purchase of a home that has been vacant.

As foreclosures rise, banks inventories rise and a larger quantity of properties available are vacant than ever before. A vacant home can spell trouble, however.

Depending on the neighborhood, the previous tenants and their reason for leaving, weather, the length of time the home has been vacant, and a number of other factors that should be considered.