The Real Estate Market in Escondido is not much different than much of the larger market across the country. Property prices are down and foreclosures are up. It will probably be a few years before things start to stabilize again. The next wave of foreclosures should happen in 2009 when all of the option arms start resetting. Once we are through this I think we will know where we are at.
http://www.mylesweisman.com/
Thursday, August 21, 2008
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