As our government tries to pull the wool over our eyes telling us we're ARE NOT in a recession but rather just a really tight financial crisis where they have to bail out one of the biggest investment banks in the country, Columbus is also dealing with a sign of the times. As foreclosure rates increase, more buyers(that can afford it) have a plethora of options:
"I don't know how to find foreclosed and distressed houses," Zellner said.
Welcome to Columbus Foreclosure Bus Tours, where everybody is looking for a deal, a bargain, a steal.
As one rider put it, they were going to Sam's Club instead of Macy's.
The tour yesterday was one more reminder of the home foreclosure crisis that continues to ensnare the region. In 2006, lenders filed for foreclosure against one of every 124 homeowners in Franklin County alone -- 8,875 that year
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