Good post tg. Since we all love #, here are the # for 92126 based on foreclosureradar.com:
current NOD: 162
current NOT: 225
REO: 67
Current actives (include FSBO) according to redfin: 85
last month sale: 49
For SFR in 92126:
current NOD: 111
current NOT: 160
REO: 28
Current actives (include FSBO) according to redfin: 50
last month sale: 27 (7 sold for under listing and 20 sold for over listing)
total population of over 70k
total households of 23k
Price have also risen about 10-15% from last year. Those are numbers, draw your own conclusion about the tsunami.