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Wow...Check out this article on forclosure notices: Online Articles/ Los Angeles

By Retired Appraisals

Real Estate Appraiser with Appraisals Licence # Avail. on Req.

July 26, 2007 07:23 AM

According to several online real estate information services, the highest number of mortgage default notices in over a decade were sent out last quarter in CA as a result in falling or flat home prices, slow sales and a market struggling with the home buying frenzy of 2004-2005.

Whoa.............. Check out this Los Angeles Times article about forclosures in the California Market:

http://www.latimes.com/business/la-fi-housing25jul25,0,2714634.story?coll=la-home-business

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Charlottesville Solutions

Charlottesville Solutions - Charlottesville, VA

Scary thing. what is more scary is that California seems to always lead the way with things like this. Take a look at the Stock Market slide today :-(

best regards, Charles

Jul 26, 2007 07:32 AM

Provadus Home Loans

Provadus Home Loans - Marietta, GA

Technology bringing you home.

I certainly agree with Charles. Why is it that California always leads in forecloses & mortgage fraud. Crazy world we live in, at least we try to learn for it all...

Jul 26, 2007 07:52 AM