Interesting article about Short sales in Southern CA.
http://www.doctorhousingbubble.com/the-short-end-of-the-stick-examining-short-sales-in-southern-california/
County Percent Short Sale to Overall County Inventory
Los Angeles 5.59%
Orange County 2.80%
San Diego 8.78%
Riverside 11.19%
Ventura 3.41%
San Bernardino 6.54%