California home prices fall 26 percent amid foreclosures

California home prices fall 26 percent amid foreclosures
A glut of foreclosed homes helped prompt a 26 percent plunge in California home prices in March, highlighting a trend that experts said is likely to continue as low, introductory interest rates expire for people who bought near the height of the housing boom… The nationwide foreclosure glut is expected to worsen in May and June as two- and three-year introductory interest rates expire on homes purchased in 2005 and 2006, said Rick Sharga, vice president of marketing at RealtyTrac, a research f
Source: gswlaw.com

HouseRebate.com Offers Rides on ‘Virtual Foreclosure Tour Bus’ - San Diego Business Journal
HouseRebate.com Offers Rides on ‘Virtual Foreclosure Tour Bus’ - San Diego Business Journal Posted by: in Foreclosure Earthtimes (press release) HouseRebate.com Offers Rides on ‘Virtual Foreclosure Tour Bus’ San Diego Business Journal, CA - 2 hours ago With residential foreclosure rates around the state hitting a 16-year high, leveraging the foreclosure market has become a growth industry for real estate … Real Estate Wiki Incorporates Foreclosure Information Business Wire (press releas
Source: buyingforeclosedhomes.com

Tags: home equity loan, foreclosure