And here is an image of the 182 homes that have recieved a Notice of Defualt (Green) or already have an aution set for the property (Blue). Most of these will soon be foreclosures:
Don't believe the real estate agent hype that you need to "buy now" because supply is drying up. Clearly there will be plenty more bank owned homes for sale in the near future.
But,But, I distinctly remember the Distinguished Professor of Economics at SSU Robert Eyler say that prices within 50 miles of the California Coast would NEVER fall.In May 2006,at the Realtor's breakfast in Santa Rosa.And he got a standing ovation!I am going to close my eyes tight and chant NINJA! until all this goes away...
ReplyDeleteyes true! and jim cramer said that its done ! over ! no more foreclosures. bottom is here ! so this must be false info ! :)
ReplyDeleteRealtors are your friends, you should trust them with your life saving and just do as they say. They are looking out for your best interest. They are not doing it for any profit or anything like that. They are doing it out of the kindness of their heart. oh yeah!!
ReplyDeleteStill nothing in Lakewood Hills. Did no one irresponsibly excessively cash out their equity there?
ReplyDeleteThis is a really cool article. Could you do more Sonoma County cities with these maps? That'd be awesome.
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