2 bed, 1* ba in St. Helena CA: $899,000
a very special bungalow in Oakland, California

foreclosure tours in Stockton, CA (via NPR)

A few weeks ago, Rachel Myrow reported on NPR's Morning Edition that a company is giving bus tours - called "Repo Home Tours" - of foreclosed homes in Stockton, California. The tours are operated by a realtor to show groups of ballsy buyers the kinds of values that can be had in the foreclosure capitol of the USA. One in 27 Stockton households, according to Realtytrac, is either in the process of being foreclosed upon or has already lost their primary residence.

Check out the short article and listen to the report here.

Comments