Wednesday, May 16, 2007

Bipolar World of OC Housing Market Reporting

The first, a sign of improvement, a message of sunny days and summer fun ahead: Bank notifications of default declined by 13% from March 2007 to April 2007.

The other message, a horrific crash of twisted wreckage so mind-numbing you just can't look away: Home foreclosures in OC rose 129% between April '06 and April '07.

Welcome to Orange County California!

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