Interesting article on the foreclosure projections for next year.
Average home prices in Stockton continue to tumble as investors buy lower end homes and the mid to higher end market sales continue to languish. Prices are holding and inventory is
moving in the better newer neighborhoods like Spanos West, Windmill Park and Brookside.
Foreclosure Storm Will Hit U.S. in 2009 as Loan Changes Fail
http://www.bloomberg.com/apps/news?pid=email_en&refer=home&sid=au1wYjy9hoSE
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