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san bernardino apartment reo: Foreclosure and REO Season Has Re-Opened in California: Los Angeles, San Diego, Orange County, Riverside and San Bernardino to Feel It - 09/15/09 04:06 PM
The California Foreclosure Prevention Act, which established a 90-day moratorium on foreclosure that went into effect June 15, ends today. What does this mean for property values and the coming sales activity? Will there be a flood of new properties that come to market? What have lenders learned?
 
Opinions vary. But, those on the ground are expressing some concern, especially because properties need to be marked to the market. Some glimmer of hope exists -- RealtyTrac’s report for August shows foreclosure activity is down from the same time last year—9% from a year ago and 15% from the previous month. … (0 comments)

 

Michael Duhs

Laguna Niguel, CA

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East West Commercial Real Estate

Address: 30262 Crown Valley Pkwy. Suite B518, Laguna Niguel, CA, 92677

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