Home Foreclosures in Rancho Cucamonga, No Neighborhood left untouched
Yahoo Real Estate sites 1582 properties in some stage of foreclosures in Rancho Cucamonga. Visit this site and see the home in your neighborhood mapped and in foreclosure. This is a very sobering view of the condition of the local real estate market.
It may well be some time before this glut of homes are either sold or have loans repackaged to save them from the auction block. The Fed has finished lowering interest rates in an effort the slide in the US dollar, so no relief will come for adjustable rate mortgages.
Posted: June 11th, 2008 under City RC, Rancho Real Estate.
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