Upcoming Foreclosures

socal home prices png

socal home prices png

Summary: do you expect from people that justified housing prices on their way upward Before we move on let us first look at a chart I put together looking at the entire Southern California region Click for shaper picture What is stunning is the velocity of prices falling is much quicker than the process upward while we were in the bubble This is typical in bubbles The crash is

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Image originally found here.