Wednesday, June 29, 2005

Buying a Home Foreclosures News: Rise in California Foreclosures Could Trigger Investor Opportunities

Rise in California Foreclosures Could Trigger Investor Opportunities: "(PRWEB) June 29, 2005 -- A slowing California housing market coupled with a flood of 'Interest Only' loans in the marketplace could be a devastating combination when housing prices start to flatten or recede.

The UCLA Anderson Forecast released its first quarterly report for 2005. The report asserts that the California economy, which has been stabilized and fueled by the rising housing market, will begin to weaken as the housing market begins to flatten its appreciation levels.

CRS is predicting a rise in California foreclosures. CRS offers real estate investors a suite of offerings ranging from daily foreclosure lists and data"
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