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