Foreclosure Lane...

It must really stink for all those that actually bought their homes with the idea of living in them and being able to afford them, only to see that the frenzied, post Dot Com bust, housing bubble is impacting your American dream.

Foreclosures are hard for the people that are going through them, hard for the economy, but they are just as difficult to deal with for the people that are left in neighborhoods surrounded by them. The impact of this bust for the average person that didn't seek to dive in the deep end past the safety nets of financial prudence is heavy indeed. There is one in my neighborhood that has been vacant for several months which casts a negative light on the whole block.

I noticed in the post from Monday "New Trustee Sale Announcements", that there are actually 2 streets that have 2 future REOs on them apiece.

Preston Ave.
424 PRESTON AVENUE IONE, CA
445 PRESTON AVE, IONE, CA

Church St.
219 South Church Street, IONE
311 S. CHURCH STREET, IONE

What a deal! As one man said, "Life is a deal. It is either a big deal or a little deal, but it is a deal!"