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source Investors are back in the market, and they’re paying all-cash, mostly for property under $500,000. The effect is to freeze out first-time home-buyers who need a loan. Banks are still chary about providing loans. About the only loans left for first-time buyers are FHA and VA loans. So, while the first-time buyer is working through […]
enter San Diego County saw the number of foreclosures drop across the board in December. There were 1938 Notices of Default filed versus 2565 in November, 2008 Notices of Trustee Sale versus 2119 in Novemeber, and 814 properties went back to the bank versus 953 in November. We know that several banks announced that they would […]
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