Due to the rising number of home foreclosures, will that make it easier for me to buy a house in a year or 2?

Answer 1

yes it will, not to mention that builder overbuilt and will be offering alot of rebates and such for potential buyers so they can unload or else they will go bankrupt. as far as the foreclosures, if you shop around hard enough you can find a deal. but you want to do is meet someone who is right about to foreclose and tell them "you can either sell to me for a low price and walk away with some money, or you can foreclose and walk away with nothing." see what I am saying?