| How would you like to own your very own piece of | | | | in residential foreclosures in California. Residential |
| Golden State property? Real estate in California can | | | | foreclosure activity in California surged to its highest |
| fluctuate a lot. It tends to be pricey in most parts of the | | | | level in more than four years last quarter, the result of |
| state due to the high demand for property there.The | | | | slower home sales and flattening prices. This could |
| California real estate market is one that is watched by | | | | mean great opportunities for someone looking to break |
| people from all over the world. Many people want to | | | | in to the real estate market in California.Bay Area |
| have their own opportunity to own a piece of the | | | | home prices fell on a year-over-year basis for the first |
| great state of California. The problem is that nice land | | | | time in more than four years last month. Sales were at |
| or property is not readily available in California. If it is, | | | | their lowest level in five years. A total of 42,450 new |
| the price is very steep. There are also many popular | | | | and resale houses and condos were sold statewide |
| overpopulated or polluted areas of the state.Where | | | | last month. That is down 14.8 percent from 49,800 for |
| the Market StandsTo understand where the market | | | | August and down 28.8 percent from a 59,600 for |
| stands, you need to realize that there are different | | | | September 2005.Does this mean that fewer people |
| parts to the state of California. Such a big state is | | | | are buying real estate or just that there are fewer |
| going to have lots of different types of property and | | | | available since they are all bought up? |
| real estate. There has recently been a steep increase | | | | |