Getting Foreclosure

This article says it all about the state's real estate market. In short, we've never seen anything like this before. Silver lining? Marin and San Francisco have the lowest and third lowest rates of foreclosure of all California counties. Opportunity? As we've been saying for a while, Sonoma County seems like a market that went from overvalued to undervalued very quickly. What's next? Our best guess is another few quarters of scary statistics before a blessedly slow and and steady recovery. We suspect that those who have the moxie to buy in 2008 will eventually be very glad they did. Stay tuned...