California Real Estate Market Cooling

After several years of runaway price increases, it appears that California's market is due for a bit of a downturn. According to the California Association of Realtors (CAR), the trend will be downward throughout the coming year as the market begins to correct itself from the upward spiral it had been enjoying until recently.

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Short Sales Mistakes

There’s an old saying "it's an ill wind that blows no one good," and that’s especially true today as the real estate market begins to decline in many parts of the country. As many homeowners begin to feel the pinch and edge closer to foreclosure, the potential for investors to buy those homes through a short sale becomes more tempting.

However, short sales aren't for everyone. They can be frustrating, even when they go smoothly, but they can turn into nightmares if you don't avoid certain mistakes. Here are some examples of mistakes many short sale investors make: Short Sale Mistakes