Realtytrac came out with the foreclosure numbers for California today and I thought it would be nice to see the year over year percentages.
Total 54%
NOD's 42%
REO's 236%
1/06 REO's were just 3.5% of the number of NOD's filed where as 1/07 was 10% which is an increase of 185%.
Now we just need to see the OC numbers.
Coming soon a comparison of the homebuilders who went BK in the 90's to the builders today that are on thin ice!
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