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Welcome to Southern California, home of beautiful beaches, temperate weather, scenic landscape, interesting geography and a diverse culture.

If you are thinking of moving to Southern California, you might want to read our Southern California Visitors Guide with essential information, including places to visit and things to do in Southern California.

The real estate market is changing. Are you looking for homes for sale in Southern California?
With home prices in flux, home buyers and investors are seeking the best buy for their real estate dollars.

When thinking of buying Southern California and Los Angeles Foreclosures, here are some of the factors you may want to consider:

. Proximity to people and places

. Commuting time, distance and route

. Type of property – house, condo, duplex, apartment building, etc.

. Condition of property – are you able to do minor or major repairs?

“Distressed properties” such as California foreclosures and short-sales offer the way to help you find a home for sale in Southern California that meets your needs and your price range.

If you are looking for homes for sale in Southern California, please fill out our Contact Form and we will be happy to help you!

Southern CA Foreclosure Specialists
Fran and Rowena
Dilbeck Realtors GMAC Real Estate
1030 Foothill Blvd.
La Canada, CA 91011
Telephone: (818) 952-0077
Southern California Real Estate
Los Angeles Real Estate
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By submitting the information on the contact form, you are consenting to be contacted even if your name is on the Federal "Do not call List". The information contained in this website is believed to be reliable but is not guaranteed.


Southern California Foreclosure News

On September 18, 2008, The Los Angeles Times had an article by Peter Hong, Staff Writer, who said that there were so many foreclosure homes for sale they would soon dominate the market, forcing prices in that area down even further.

According to this articles, half of the homes sold in the region in August of 2008 had been repossessed, driving the median price of a home in Southern California to $330,000. This heavy foreclosure activity has increased sales for the second month in a row, but they predict that September will see more than 50% of the homes sold from repossessions.

For the region, foreclosures went to 45.5% of sales in August, up from 10% this time in 2007. Riverside County is reporting a whopping 2/3 of their homes sold as foreclosures.

Quoting the article:

In August, about 8,800 of the 19,366 homes sold in Los Angeles, Orange, Riverside, San Bernardino, Ventura and San Diego counties were in foreclosure, according to San Diego-based MDA DataQuick.

But as those homes were selling, even more were being repossessed, building up an inventory of foreclosed properties that will take months to move.

Banks and other financial institutions took back about 12,900 homes last month in the region, O'Toole said, thousands more than they managed to sell.