The number of foreclosures has reached critical mass. There's tons of vacant real estate right now ready to be sold for cheap. We all know home values are dropping which is creating a buying opportunity, but the trick is to jump in just before the real estate market recovery, if you have enough money to invest in something like that.

Something I've been looking into is land in Arizona that I could use to hunt on. I've been finding some awesome deals on foreclosures in Arizona. At that link you can search their database, shop around, and get the contact information all for free, no registration required.