May 2010 Stockton Area Market Update Short Sale? Foreclosure? Strategic Default? (Short Sales Continued…) Last month we briefly discussed Short Sales and Foreclosures. We reported that underwater borrowers are often in a quandary about what to do, and that over 70% of borrowers whose homes are foreclosed upon have never contacted their lender(s). We also […]
Posts Tagged: Stockton Area Real Estate Market Update
Investors NOW may be the time to buy!
As more individuals loose their homes to foreclosure the demand for rental properties is increasing. We have already seen significant increases in demand and rents are heading up. I expect this trend to continue. Good news for investors. We’re finally in place where an investor can buy a home, rent it, and have a positive […]