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Bauder recommends to go short in San Diego real estate
It is very interesting looking back at these comments and how the Real Estate Industry has shifted paths on Short Sales and Foreclosures. The problems with Short Sales still loom on the horizon, and it will take forever to clear them. Yes foreclosures are down at the moment, but who knows for how long...and if there is a shift in government in the fall...and regulations are lifted on the banks...who knows what will happen then? NO ONE. A few thigns are for sure....time for short sales has gone down. Exceptions to deficencies have grown, HAMP was a joke....the few people that qualify for HAFA have it pretty good, and though prices aren't dropping in conforming and jumbo conforming markets, they're not going to get underwater borrowers out for years to come (another 10 according to Case-Shiller.) I updated some Short Sale FAQs recently if anyone is passing by this post: http://www.justinknowstierrasanta.com/ShortSaleIn…— August 14, 2010 3:13 p.m.