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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Peter V who wrote (233797)12/20/2009 6:05:31 PM
From: Cal AmariRead Replies (1) | Respond to of 306849
 
Perhaps foreclosure action is not significant in Conejo Valley now, but give it another 12 months or so when the Alt-A bomb explodes. I would wager that a significant number of homes in Conejo Valley have mortgages that will reset soon and/or are being carried by families with one or more unemployed adult.