August 11th, 2011

Foreclosures Coming to a TV Near You!

Dating, singing, dancing, trivia – these are all standard components of a typical reality show. And now we can add foreclosure investing to the mix.

Just as the housing boom gave rise to house flipping shows, the housing fall is now giving rise to home foreclosure shows. The Wall Street Journal reports that this summer and fall, several TV networks will premier reality shows about buying foreclosed homes.

While last week’s foreclosure report from RealtyTrac showed that foreclosures decreased in 84% of markets across the U.S. in the first half of the year, there’s still an excess of foreclosed homes out there to buy. This is the year of the real estate investor, and where there’s money to be made, there is TV to be made.

Here are the shows, the WSJ mentions will premiere soon:

  • Spike TV has a new show called “Flip Men” coming in September. It’s about a duo in Salt Lake City trying to make a profit in foreclosures.
  • Bravo’s reality show, “Flipping Out,” starring Jeff Lewis starts its fifth season later this summer. Apparently, Lewis wrangles with lenders in a quest to buy a foreclosed house to live in.
  • DIY Network has a show in development about flipping foreclosed houses that’s expected to air in 2012.
  • A&E Television Networks reportedly tapped a former “Survivor” contestant to star in a new show later this year about flipping houses.

Tune in and see how it all unfolds!

 

 
 

Leave a Reply