San Bernardino County Foreclosures
Located 50 miles east of Los Angeles, San Bernardino is the largest county by area in the continental United States. With a housing market that appealed to many people looking to live in an affordable area of Southern California during the early 2000s, overdevelopment and low interest rates set the table for a high volume of San Bernardino foreclosures. San Bernardino County foreclosures range from small to large homes with a price range starting in the low $200,000 range, peaking close to $1,000,000 for newly developed homes in many of the foothill communities. While foreclosures in San Bernardino have been at a high rate and the economic crisis has had its greatest impact on large suburban areas such as Victorville or San Bernardino, there is a new market for those looking to take advantage of the great introductory prices that San Bernardino foreclosures offer. Chino Hills foreclosures, Big Bear Lake foreclosures, Rancho Cucamonga foreclosures, Twentynine Palms foreclosures, and Upland foreclosures show that within areas of rapid growth, prices on foreclosed properties drop because of simple oversaturation and not because of a weak economic outlook. |
