Kim Gish holds her daughter outside her Sacramento homewhich she purchased for $109,000, after it had been foreclosed. The previous owner paid $350,000 in 2005.
Kim Gish holds her daughter outside her Sacramento homewhich she purchased for $109,000, after it had been foreclosed. The previous owner paid $350,000 in 2005. Bryan Patrick / Sacramento Bee
Kim Gish holds her daughter outside her Sacramento homewhich she purchased for $109,000, after it had been foreclosed. The previous owner paid $350,000 in 2005. Bryan Patrick / Sacramento Bee

Foreclosures are remaking the real estate business

July 06, 2009 06:42 AM

UPDATED September 18, 2013 06:46 PM

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