There are a lot of homes in Short Sale in Burbank, CA, more than Foreclosed Homes, our inventory is short and there are plenty of buyers competing for the same homes, condos and townhomes with mulitple offers, some of them 10-40K above the asking price. They are pushing the sales price up, First Time home buyers are out of luck most of the time with this fierce competition.
Plenty of Investors are purchasing homes in Cash, never seen in my sixteen years in real estate so much money in cash moving the real estate market. I've been noticing that Preforeclosures are Increasing day by day. Here you're going to be able to look at some of them.
http://www.stoppayingrentinla.com Burbank homes in preforeclosure, Burbank condos in preforeclosure, Burbank townhomes in preforeclosure
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