The real estate market in San Diego has been slow to say the least. Property values are dropping fast and the foreclosure signs are popping up all over the place. It would probably be a few years before the market turns around there.
The next phase of loan resets should hit in 2009. Once this is through I think we will see where we are at in terms of market exposure.
http://www.mylesweisman.com/
Subscribe to:
Post Comments (Atom)
2 comments:
We are having the same issues in Myrtle Beach - The foreclosure auction list each month is getting longer and longer
Some say that the inventory is low and that the good deals are being fought by multiple offers. Just what is going on!
---------
nitin
---------
Home Loans-Home Loans
Post a Comment