The latest data from the OC Register shows a whopping 66% increase in
Laguna Beach foreclosures. This means more distressed properties will hit the market. This means downward price pressure. If you buy, buy low so you don't end up underwater on the day you close!
Quarter to quarter change is actually down....-11.8%
ReplyDeleteDid you miss that fact or what Lanser said about home sales?
I know.....it does not support your thesis, so you forgot.
A broken clock...