KNBC News Conference: Southern California Foreclosures

June 4th, 2009 | by admin |

Discussion of Southern California housing market in July 2007. Specifically how rising foreclosures are impacting the market.

Duration : 0:5:32


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  1. 8 Responses to “KNBC News Conference: Southern California Foreclosures”

  2. By dirostudios on Jun 4, 2009 | Reply

    These bozos in our …
    These bozos in our government? Reality today-25% unemployed go to foreclosure. Toxic ARM’s into 2012. Foreclosures crazy. RE $ to 1970 levels in California&SW. Homes @ $50/sq. ft. Lost-10 trillion in stock, 5 trillion RE. 2 million jobs. +Cml RE next. Baby boomers=more health care$
    Final-Iraq war ends= depression
    National Sales Tax 10% + states 9%, Pay bailout/ tax illegals.30 million homes upside down. Hurricane Katrina again?
    Get reborn. Jesus will be here soon.
    google;
    al diro

  3. By VerbalAikido on Jun 4, 2009 | Reply

    Came close a week …
    Came close a week ago but an offer was already accepted…my father thinks I should wait b/c unemployment might go up and keep the prices spiraling downward..I dunno. The place would have been cheaper than renting and it was in Laguna Niguel.

  4. By AM429 on Jun 4, 2009 | Reply

    Did you buy?? i …
    Did you buy?? i still wouldnt.

  5. By VerbalAikido on Jun 4, 2009 | Reply

    haha dude said …
    haha dude said prices are gonna drop a little bit? Most have dropped 30% since Jan 2007 and there’s no end in sight! Good for me (a soon to be first time home buyer), bad for most everyone else.

  6. By pharmacyiii on Jun 4, 2009 | Reply

    What? that does …
    What? that does not make any sense.

  7. By xkittenfishx on Jun 4, 2009 | Reply

    it depends on what …
    it depends on what time in the foreclosure process you catch the owners at… if you get it before it goes to auction – you can talk to the owner, offer them 100k plus maybe another 100k for a new home down payment, and then take the home for 200k.

  8. By pharmacyiii on Jun 4, 2009 | Reply

    If the owners of a …
    If the owners of a foreclosure home worth $500,000 is seized by the bank because the owners default on $100,000 remaining, does that mean I only have to pay $100,000 and the $500,000 home becomes mine 100% legally?

  9. By ForeclosureHelp2008 on Jun 4, 2009 | Reply

    If anyone is behind …
    If anyone is behind on their mortgage payments, we can help you. You have about 9 different options early in the process, then the longer you wait, the fewer you have. There is no reason to have a foreclosure on your record! Let us help you. NO COST! See our website for more details:

    ForeclosureHelp2008 dot com

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