Comments by user: San_Diego_Dentist
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Very sad but investments of any type have risks.
It will take a few more YEARS before foreclosures taper off.
I just read a good article about another wave of home foreclosures that will hit next year. Not subprime loans, but more traditional ARM's on mid to higher end homes. The story is about the San Diego real estate market, but, seems it will apply to any City that had hyper-inflation in home values. The article is: "San Diego Real Estate … The Coming Next Wave of Foreclosures" published on 7-17-08 at:
http://www.brokerforyou.com/brokerforyou...