I recently had a client suggest there is another foreclosure wave coming. I then realized how misinformed our general public is and they do not have a real understanding of our current market. First I want you to know this year has been a much better year than the previous two years. Properties are selling, buyers are buying and many of them are using all cash! On top of that the interest rates have been the lowest we have EVER seen! The interest rates have been in the 3-4%!!!!!!!! With interest rates so low, when an interest rate is due to adjust the payment will go DOWN!!!! This is not going to cause a wave of foreclosures. Talk to your lender. Talk to my lender. Interest rates are at give away money levels, which makes buying real estate the smartest thing you can do. I have seen many deals sell this year. I also see the bottom market disappearing in some areas. If you want a  good buy in real estate now is the time to find it. In Solana Beach I was showing Coastal Real Estate and I couldn't believe some of the values! Completely remodeled with great ocean view for $525,000 in an ocean front community. In Del Mar I saw a Coastal Duplex with ocean views....sold within 2 weeks for $1.1.....walk to the Village.....great buy! I specialize in Coastal Del Mar and Coastal Solana Beach......check out my website at www.CoastalSolanaBeach.com. Give me a call if you want to know what is available to purchase or you are ready to buy your coastal dream home! Thanks and have a great weekend!