We have been hearing rumors that foreclosures will be increasing in the higher end market.
For the first time in three months, you can see from this San Diego County chart, that foreclosures are on the rise! If you compare Notice of Defaults to Trustee Deeds, foreclosures are up 53%! What does this all mean? It means that higher end homeowners are finding themselves under water in their homes, and more short sales are going to be coming on market. If you are still not sure it’s a good time to buy the chart speaks for itself! Now could be the best time to invest in La Jolla Real Estate, there are going to be more good buys out there!
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