Yes, forclosure activity is going parabolic in that area.
There is no denying it. Check any forclosure search engine and you’ll be shocked.
I noticed the TVMOD squad (Temecula Valley Ministry Of Dis-information) tried to discount this thread faster than keys hitting the mail after a ARM reset.
Here’s something for you TV cheerleaders. Post a RealtyTrac search of your neighborhood. It will show a sh@t load of new foreclosure activity.
Check out this article. It will explain and even show pictures to help you understand why its horrific now and going to get much worse:
Now before you TVMOD folks jump in a tell us how that article is inaccurate and your street is sold out, PF Changs is rocking, the vibe is positively Hieght Ashbury, yada yada; post a foreclosure search of your neighborhood just so we can see the real picture. You don’t have to use RealtTrac, use any foreclosure search program you like.