It’s really only been in the last few months, or even weeks that foreclosures have set new records, and sales have slowed to paces not seen in over a decade.
For those interested in LA:
. . . . . . . . . . . . . . Low……..Mid……High…..Agg.
Month to Month – 5.06% – – 4.41% – – 3.75% – – 4.27%
Year Over Year % 25.34%- – 22.27%- – 13.20% – -19.43%
Year Over Year $ $110k – – $120k – – $85k – – $105k
Loss Since Peak 25.9% – – 24.1% – – 16.5% – – 21.6%
