piggington.com articles
Amazing. 500 a day, can that be true? The Spring Bounce is coming to an end and then it's nothin' but bad news like this.
http://latimesblogs.latimes.com/laland/2...
sorry ex-sd, just saw you posted it already...
yes.....just read this link off the Drudge Report :)
Spring bounce allright... (In Noida, India - perhaps)
Divide California's 13,174,378 housing units (*) by 188,684 yearly foreclosures (47,171 foreclosures times 4) and we find that 1 in 69 housing units will likely be foreclosed upon this year in California.
Not something to be proud of, for sure.
(*) = According to the census people:
http://quickfacts.census.gov/qfd/states/...
How anyone can even attempt to call a bottom on housing in the next 18-24 months is beyond me.
Housing typically moves slow; the fact that it's falling hard and fast by no means it will be over any sooner.
sorry ex-sd, just saw you posted it already...
yes.....just read this link off the Drudge Report :)
Spring bounce allright... (In Noida, India - perhaps)
Divide California's 13,174,378 housing units (*) by 188,684 yearly foreclosures (47,171 foreclosures times 4) and we find that 1 in 69 housing units will likely be foreclosed upon this year in California.
Not something to be proud of, for sure.
(*) = According to the census people:
http://quickfacts.census.gov/qfd/states/...
How anyone can even attempt to call a bottom on housing in the next 18-24 months is beyond me.
Housing typically moves slow; the fact that it's falling hard and fast by no means it will be over any sooner.