Home Prices in Southern California and Foreclosure Auctions

This LA Times Story is reporting that the median price for a Southern California home last month was $408,000, down 17.6% from a year earlier and 19.2%, on average, from peaks reached last year, according to research firm DataQuick Information Systems.
Read the whole story here about how there are now auctions weekly and for many the first line to buying a home. The issue is can you get a good price? What is the condition of the home. Will you pay too much?

http://www.latimes.com/business/la-fi-auction17mar17,1,6803302,full.story


Check out some of the foreclosure listing services to learn more. Many have 7 day trials.
We are now even seeing ads on tv during prime hours for foreclosure auction companies holding auctions.

RealtyTrac, DotHomes.com Link - reported by SoCalTech

SoCalTech is reporting that RealtyTrac and DotHomes have made a deal. DotHomes will provide foreclosure listings from RealtyTrac.

RealtyTrac, DotHomes.com Link
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Irvine-based foreclosure real estate information provider RealtyTrac is in a deal to provide its listings to DotHomes.com, a London-based vertical search site, DotHomes.com said today. DotHOmes.com said that users using the firm's site today can now quickly search and click through to foreclosed home listings on RealtyTrac. The deal covers more than 400,000 foreclosure listings across the United States. Financial deals of the arrangement were not released. RealtyTrac provides an online, national database of homes in various states of foreclosure; the firm provides its listing through its own web site, along with MSN, Yahoo! and other web sites.

Home Bargains! Sign up for your Free 7-day trial at RealtyTrac.

U.S. Economy: Home Resales Fall to Nine-Year Low

Feb. 25 (Bloomberg) -- Sales of existing homes in the U.S. fell in January to the lowest level since records began nine years ago and prices slid for the sixth time in seven months, posing a threat to consumer spending, the largest part of the economy.

Read more here:
http://www.bloomberg.com/apps/news?pid=20601087&sid=aVamiymZfK8E&refer=home

Foreclosure listing sites like
RealtyTrac is your destination for housing foreclosures.


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RealtyStore

continue to show increased listings.

RealtyStore for Foreclosure Properties

RealtyStore.com is the nation's premier provider of residential foreclosure data. Our purpose is to help people get the best possible deals, often at 20% - 50% below market value. We specialize in foreclosure listings and distressed properties that are practically impossible to find on your own. That’s because we believe homebuyers should be well-informed and empowered to get the best possible deal.

RealtyStore.com: Find foreclosures in your area. Sign up today and get 15 DAYS of FREE unlimited access