I was reviewing some of the 675 Pasadena properties that are in some stage of the foreclosure process today. Some of the recent trends I have noticed indicate many more of the properties have passed the "pre-foreclosure" stage and have now entered the "auction" stage. Also many of the listings that show an upcoming auction have been postponed due to the following reason ..."bankruptcy". After looking at all of this information the only thing that seems certain at this point is … [Read more...]