San Diego Real Estate … The Coming Next Wave of Foreclosures

Next,  it's NOT going to be Sub-prime loans, but ARM's that will spike up home foreclosures.

Many Option ARM home loans are going to reset in 2009 - 2011. This will be the next wave of foreclosures. These loans and properties are in all areas of San Diego, not just the newly constructed properties on the outskirts of town. The fallout of these foreclosures in San Diego will hit higher end and coastal areas and everywhere in between.* This is a long post, and if you would like to read the full details, please visit the San Diego real estate blog.