Pace of foreclosures slows in California

October 25th, 2009 | by admin |

Real estate reporter Peter Hong says fewer Californians entered the foreclosure process and fewer homes were repossessed by lenders during the third quarter. Read more at http://bit.ly/3X5SaJ

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  1. 4 Responses to “Pace of foreclosures slows in California”

  2. By straydoggio on Oct 25, 2009 | Reply

    Hey. Nicely rigged …
    Hey. Nicely rigged market. I just am loving the fact you’re trying to do everything possible to make my first-time-buyer home more expensive than it should be. Way to go.

    Rig the market to stop prices correcting, so I’ll have to take on extra mortgage debt to buy an rigged-value home and be one of your debt slaves. Rigged market suck.

  3. By ConserveCompassion on Oct 25, 2009 | Reply

    In the upswing, …
    In the upswing, baby! Buy now or never again!

  4. By aybesee123 on Oct 25, 2009 | Reply

    No where near the …
    No where near the bottom yet!

  5. By Susan on Oct 27, 2009 | Reply

    I think prices are slowing down but doesn’t necessarily mean that things will be how they were. I’m guessing, at best we have another 2-4 years before we start seeing a trending appreciation in property…but a slow one, nothing like it was before for a long time. Consumer confidence and employment has to grow.

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