will jump on buying those foreclosure homes? A typical foreclosure home, say was 300k, are usually sale for 100k. However, since the price drop significantly, people will typically hold off, not to buy. Since no one know when it is the bottom. Today stocks are its lowest in recent years, you don't see people jump in a buy stocks left and right. If this "reporter" is right, stock would had re-bounced long ago. If the out look is not good, not many will risk their money.