San Diego home foreclosures reached a 25-year high in April. Over than 600 homeowners transferred ownership of their property back to their lenders last month. That's up 20 percent from March.[foreclosures, home foreclosures, San Diego, San Diego real estate, real estate bubble, housing bubble, San Diego foreclosures[/tags] San Diego home listings
2 thoughts on “Home foreclosures reach 25 Year high in San Diego”
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Home sales and prices will fall more sharply than expected this year, due to troubles in the subprime mortgage market and stricter lending standards. LA divorce attorneys
I remember in 2005 that It seems every month the paper reported that real estate sales were down by double digits though the values seem to be holding up. You would think an intelligent person would realize sales cannot drop by such a magnitude without values following.
Richard
San Diego Real Estate Brokerage