When will our California Real Estate Market Stabilize?? That may be a question that's irrelevant to some buyers.  Right now there are many REO properties available at a very discounted price.  REO homes have already been through the foreclosure process - so they are "Real Estate Owned" homes - that means, the lender owns them. REO homes are easier to buy right now than Short Sale homes. Many REO buyers are buying investment properties that they will hold for many years.  Now is the time, with low prices, to get the payment low enough to put renters in the property to cover the mortgage.  After many years of having the renters make the mortgage payment, these owners will be building their equity position. So, for these savvy buyers - the market has stabilized with regards to their real estate investing purposes.  For homeowners who need to hang on or re-fi, we're not quite stable yet!! Contact us for a list of these California cheap homes - and we'll show you how it can be done!  Dial 1.888.746.6275 today!