Thursday, October 26, 2006

No Beach Cities in Top 10 Foreclosure Markets!

CNN has a good article on the top 10 foreclosure markets in the United States. I 'm willing to bet that many of you will be surprised at the cities on the list. No cities in California made the list. For those of you who have been praying nightly for massive price declines it appears that our local South Bay/ Beach cities market will probably not make the list.

In fact in another article BUBBLE PROOF MARKETS Los Angeles and San Francisco are featured as 2 in 5 markets that may show a downswing but will suffer little or no real damage.

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