Here Comes the Foreclsoure Tidal Wave

In a recent article from DataQuick shows that California Notice of Defaults are up almost 37% last quarter from the previous quarter.  This goes to show that the housing market will be at a low for some time. When you have a multitude of foreclosure and REO property, those high numbers keep the rest of the market flat. read the article here: http://www.dqnews.com/RRFor0107.shtm