NAR: Library: Power Tools: Power Tools on the Housing Market: What's happening in the Inland Empire?

Lots of foreclosures, that is. "The Inland Empire's combined Riverside and San Bernardino counties reported the fourth highest number of foreclosure filings of any of the nation's 229 largest metro areas in July, behind Atlanta, Los Angeles and Detroit, according to market tracker RealtyTrac." The abandoned and empty homes are a blight in the neighborhoods and are bringing down property values also. In Corona, California, the impact has been great. Flippers and scammers invested in houses using 100% financing programs, creating a party atmosphere and logging many police calls to the formerly quiet neighborhood.

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Power Tools on the Housing Market

What's happening in the Inland Empire?

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