I also find "For Sale" signs decorating countless lawns in the area. I can't walk down to the park without seeing at least five houses. In two small blocks, there are at least five family's homes on the market. At least five. In most cities in the Inland Empire, everyone is getting new neighbors so I think people are either forcing themselves to put out decorations or not doing it. In Moreno Valley alone the foreclosure rate, be it short sale or repossessed houses, is around 90%. Let's say there is 200,000 homes in the city, that means 180,000 are in the process or have been foreclosed. That is insane and sad! I don't pretend to know about the subprime loans or what caused the housing collapse, but I know you can't build a strong nation with strangers. So many people are moving that we may not even know even a handful of people around us. My mother is in the real estate industry and every night she comes back talking about the craziness we're all in.
Pictures coming soon..
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