Wednesday, May 24, 2006

OC Register - "Foreclosure rate here not a worry" (5-24-06)

"Most of the cities with the highest foreclosure rates have above-average unemployment rates and below-average home-price appreciation. Unemployment is a major reason why homeowners stop making mortgage payments, and slow home-price appreciation can make it harder for homeowners in default to refinance or sell to stop foreclosure."

For more information about The Norris Group's California hard money loans or our California Trust Deed investments, visit the website or call our office at 951-780-5856 for more information. For upcoming California real estate investor training and events, visit The Norris Group website and our California investor event calendar. You'll also find our award-winning real estate radio show on KTIE 590am at 6pm on Saturdays or you can listen to over 200 podcasts in our free investor radio archive.

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