Friday, February 1, 2008

Pasadena Foreclosures on the Rise!

The number of Pasadena Foreclosures is on the rise. Recently, I have noticed that the banks are finally listening to the news. Since inventory is up to six months on the market, many bank owned properties are getting their prices slashed anywhere from $50K to even $100K off Pasadena market home values.

Now, the surge of home buyer's are coming out of the wood works and are taking advantage of these incredibly low interest rates. Some of the Pasadena Countrywide REO's are being offered at beyond bargain prices.

Go to our professional Pasadena Real Estate website to learn more about the process of buying Pasadena Foreclosure Homes and Pasadena Foreclosure Condos.

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