Are you feeling it?

[SD Transplant]

I guess San Diego is feeling it allright

from today’s UT

“By Emmet Pierce
UNION-TRIBUNE STAFF WRITER

12:00 p.m. July 22, 2008

Distressed mortgages continued to put a drag on the troubled economy in June as 1,838 homes in San Diego County went into foreclosure, an 18 percent increase over the previous month and a 180 percent increase over June 2007, DataQuick Information Systems reported Tuesday.

June marked the 39th consecutive month of year-over-year increases for both foreclosures and notices of default, the start of the foreclosure process. June notices of default reached 3,083, a drop of nearly 2 percent from May but a rise of 93 percent from a year earlier. ”

http://www.signonsandiego.com/news/business/20080722-1200-bn22default.html

Now if we put this into a bigger context, such as jobs lost (see Rich’s research) and also 1st hand experience/sentiment…..it’s getting uglyer by the minute.

[SD Transplant]

Here is the best sign of the times :). This poor guy wants his deposit money back.

“Credit-crunched Russian billionaire asks for the £39million deposit he put down on world’s most expensive house.
A Russian billionaire is desperately trying to claw back his £39million deposit after a deal to buy the most expensive house in the world fell through.

Mikhail Prokhmorov – who is Russia’s richest an and is worth £9.8billion – offered £500million to buy Villa Leopolda on the French Riviera last August.

But since then the 48-year-old metal tycoon has lost billions thanks to the international financial crisis.”

http://www.dailymail.co.uk/news/worldnews/article-1148887/Credit-crunched-Russian-billionaire-asks-39million-deposit-worlds-expensive-house.html

[SD Transplant]

Here is the best sign of the times :). This poor guy wants his deposit money back.

“Credit-crunched Russian billionaire asks for the £39million deposit he put down on world’s most expensive house.
A Russian billionaire is desperately trying to claw back his £39million deposit after a deal to buy the most expensive house in the world fell through.

Mikhail Prokhmorov – who is Russia’s richest an and is worth £9.8billion – offered £500million to buy Villa Leopolda on the French Riviera last August.

But since then the 48-year-old metal tycoon has lost billions thanks to the international financial crisis.”

http://www.dailymail.co.uk/news/worldnews/article-1148887/Credit-crunched-Russian-billionaire-asks-39million-deposit-worlds-expensive-house.html

[SD Transplant]

Here is the best sign of the times :). This poor guy wants his deposit money back.

“Credit-crunched Russian billionaire asks for the £39million deposit he put down on world’s most expensive house.
A Russian billionaire is desperately trying to claw back his £39million deposit after a deal to buy the most expensive house in the world fell through.

Mikhail Prokhmorov – who is Russia’s richest an and is worth £9.8billion – offered £500million to buy Villa Leopolda on the French Riviera last August.

But since then the 48-year-old metal tycoon has lost billions thanks to the international financial crisis.”

http://www.dailymail.co.uk/news/worldnews/article-1148887/Credit-crunched-Russian-billionaire-asks-39million-deposit-worlds-expensive-house.html

[SD Transplant]

Here is the best sign of the times :). This poor guy wants his deposit money back.

“Credit-crunched Russian billionaire asks for the £39million deposit he put down on world’s most expensive house.
A Russian billionaire is desperately trying to claw back his £39million deposit after a deal to buy the most expensive house in the world fell through.

Mikhail Prokhmorov – who is Russia’s richest an and is worth £9.8billion – offered £500million to buy Villa Leopolda on the French Riviera last August.

But since then the 48-year-old metal tycoon has lost billions thanks to the international financial crisis.”

http://www.dailymail.co.uk/news/worldnews/article-1148887/Credit-crunched-Russian-billionaire-asks-39million-deposit-worlds-expensive-house.html

[SD Transplant]

Here is the best sign of the times :). This poor guy wants his deposit money back.

“Credit-crunched Russian billionaire asks for the £39million deposit he put down on world’s most expensive house.
A Russian billionaire is desperately trying to claw back his £39million deposit after a deal to buy the most expensive house in the world fell through.

Mikhail Prokhmorov – who is Russia’s richest an and is worth £9.8billion – offered £500million to buy Villa Leopolda on the French Riviera last August.

But since then the 48-year-old metal tycoon has lost billions thanks to the international financial crisis.”

http://www.dailymail.co.uk/news/worldnews/article-1148887/Credit-crunched-Russian-billionaire-asks-39million-deposit-worlds-expensive-house.html

[macromaniac]

I don’t know you tell me….
[img_assist|nid=10346|title=American Taxpayer|desc=Not yet…but I am getting ready here….|link=node|align=left|width=320|height=240]

[macromaniac]

I don’t know you tell me….
[img_assist|nid=10346|title=American Taxpayer|desc=Not yet…but I am getting ready here….|link=node|align=left|width=320|height=240]

[macromaniac]

I don’t know you tell me….
[img_assist|nid=10346|title=American Taxpayer|desc=Not yet…but I am getting ready here….|link=node|align=left|width=320|height=240]

[macromaniac]

I don’t know you tell me….
[img_assist|nid=10346|title=American Taxpayer|desc=Not yet…but I am getting ready here….|link=node|align=left|width=320|height=240]

[macromaniac]

I don’t know you tell me….
[img_assist|nid=10346|title=American Taxpayer|desc=Not yet…but I am getting ready here….|link=node|align=left|width=320|height=240]

[meadandale]

Last weekend both Fry’s and Costco were packed to the gills. What recession?

[meadandale]

Last weekend both Fry’s and Costco were packed to the gills. What recession?

[meadandale]

Last weekend both Fry’s and Costco were packed to the gills. What recession?

[meadandale]

Last weekend both Fry’s and Costco were packed to the gills. What recession?

[Author]

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