http://losangeles.pulseonrealestate.com/
Homeowners and investors who may be turned off of buying real estate due to the bad press the market has been receiving might do well to reconsider. Despite that the housing market has no doubt suffered an implosion due to over-investment and inflated property values, these very same causes have resulted in a trend that is producing some of the lowest prices on real estate available to home buyers or investors in many years. Los Angeles bank foreclosures, which are at extremely high levels due to the foreclosure surge, are being bought and sold quietly at auctions for staggeringly low prices.
