In hot areas like Carmel Valley, home buyers are smart to consider expanding their target zone by looking at homes that need work - and if you buy one, you can remodel to your taste. Chances are good that any house you buy will need something fixed or remodeled...
From HW: The number of foreclosure starts fell about 11.4% in January from a month earlier, but delinquency rates rose slightly because many lenders are moving loans out of foreclosure and back into the seriously delinquent category, according to Lender Processing...
This will be updated with late-reporters, and the breakdown by zip codes will be added - but it looks like the steady grind of sales is continuing. You can also see in the previous post (2 back) about cash buyers, and the comments left - many people are done waiting....
