It seems you might have missed Jim the Realtor’s recent acticle entitled “How Many Motivated Sellers.” In particular his (and others) follow-on dialogue in the Readers Comments section. See:
There are currently 84 properties in default in CV (30 detached, 54 attached). Sorry, but this isn’t pulling out “just a few.” 84 is far from “negligible”. I think it is time to stop “perfuming the pig”, things are getting significantly uglier just beneath the surface.
