http://polizeros.com/2007/08/13/foreclosures-soar-in-southern-california/ Musings on politics: anti-war, global warming, peak oil and otherwise Thu, 08 Jan 2009 18:11:03 +0000 http://wordpress.org/?v=2.7 hourly 1 http://polizeros.com/2007/08/13/foreclosures-soar-in-southern-california/comment-page-1/#comment-140014 TSmith Mon, 13 Aug 2007 17:24:47 +0000 http://polizeros.com/2007/08/13/foreclosures-soar-in-southern-california/#comment-140014 I work for CurrentForeclosures.com, a <a href="http://www.CurrentForeclosures.com" rel="nofollow">foreclosures</a> site and have seen a huge increase in the number of foreclosures in the past 7 months. I believe it is a combination of not only sub-prime and ARM mortgages, but also the high number of people who have gotten loans with interest rates at an all time low... in addition to the rapid depreciation in some areas and the difficulty some are experiencing in selling their homes. I work for CurrentForeclosures.com, a foreclosures site and have seen a huge increase in the number of foreclosures in the past 7 months. I believe it is a combination of not only sub-prime and ARM mortgages, but also the high number of people who have gotten loans with interest rates at an all time low… in addition to the rapid depreciation in some areas and the difficulty some are experiencing in selling their homes.

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