HOUSING: Future cloudy for battered regional market

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Fin Fan In CaliFin Fan In Caliluxury_boxOP
Jan 11, 2009, 01:55 PM

http://www.nctimes.com/articles/2009/01/10/business/z47dca38c8b2633f28825752900766c2c.txt

Foreclosures in 2008 through November surpassed 18,000 across the county ---- more than triple the number from any other year since 1974, when such record-keeping began, according to data from InnoVest Resource Management, a foreclosure investment firm based in San Diego.

Su said foreclosures could triple in 2009 from last year's record-setting numbers.

Ward Hanigan, founder of InnoVest in San Diego, said he agrees foreclosures will increase over the next year.

Some very good charts in this article but they are pretty sad.


Rest in peace bigbry and dolphin debby!