"The binge that many housing markets went on in the early- to mid-2000s is over, and some of the hottest markets like California are now experiencing the worst hangovers.
But other areas, especially many that recorded slower home price growth earlier this decade, have seen little increase in foreclosure rates, according to the latest data released Tuesday from RealtyTrac, the online marketer of foreclosure properties." ... more ...
http://money.cnn.com/2007/08/14/real_estate/California_cities_lead_foreclosure/?postversion=20070814...
Message Edited by masdeocho on
08-22-2007 05:20 PM
