Since the beginning of 2009, California remains the most heavily hit state in the real estate slowdown. Prices continue to plummet, foreclosures are rampant, and the television newscasters are interviewing homeless gatherings of tent residents. So many have lost their homes from the ARM mortgages that one wonders if the industry will ever recover. California luxury home sales plunged last year to their lowest level in five years.
On the other hand, the foreclosures in California represent a unique opportunity never offered to investors before. As always, those that have the most money can benefit from the mistakes of others. California real estate is the most expensive in the nation, and when times improve, the ones who can buy up the bargains now will have it made.
Los Angeles Foreclosures - Bargains abound in the LA Canada real estate locations...
Orange County Oceanfront Foreclosures - Some of the most beautiful beach property on the west coast can be found cheaply. The beaches of San Clemente, Dana Point, San Juan Capistrano, Laguna Niguel, and others offer unique investment opportunities...
San Diego CA Oceanfront Foreclosures - Check HERE for listings of the cheapest properties available in the San Diego beach areas...
San Francisco California Forclosures
