Archive for March 15th, 2010

New Round of Foreclosures Threatens Housing Market

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Recent home sales, by the numbers
Image by JAWspeak via Flickr

We all know that the Lodi, CA and Stockton, CA area property values have been affected by the current real estate market due to all the foreclosures and short sales.  How the upcoming wave of foreclosures and short sales will impact home prices in our area is something that is being reported on daily basis now.

The housing market is facing swelling ranks of homeowners who are seriously delinquent but have yet to lose their homes, and this is threatening a new wave of foreclosures that could hit just as the real estate market has begun to stabilize.

For the rest of this interesting article… CLICK HERE

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