A friend who works in a local sign company reports the following anecdotal information:
-Starting in August 2005 they began rehabbing “Sold” signs to read “Price Reduced”
-Starting December 2005 the begin replacing their inventory of “Taking Backup Offers” and “View Lot” signs with “Drastic Reduction” and “Foreclosure”
They have been working 14 hour days since January and the signs are stored in an undisclosed warehouse location in North County ready for immediate installation by crack signing teams as required on three hours notice.
As a side note, I have been told they are taking massive orders for “3”s and “4”s from gasoline retailers, and “Closed Due to Bank Holiday” banners from anonymous third party buyers but that is a different story…