4/27 2008 foreclosure data from LA Times. See a trend?
http://www.latimes.com/classified/realestate/la-foreclosures-zip-detail,0,6822047.htmlstory?ZIPCODE=90401
90401 Santa Monica: 0 foreclosure
90266 Manhattan Beach: 1/7917 homes in foreclosure
90263 Malibu: 1/7518 homes in foreclosure
90275 Rancho Palos Verdes: 1/2665 homes in foreclosure
92651 Laguna Beach: 1/2517 homes in foreclosure
90230 Culver City: 1/2003 homes in foreclosure
91101 Pasadena: 1/1731 homes in foreclosure
90292 Marina del Rey: 1/1329 homes in foreclosure
91006 Arcadia: 1/984 homes in foreclosure
91773 San Dimas 1/688 homes in foreclosure
91360 Thousand Oaks: 1/570 homes in foreclosure
91303 Canoga Park: 1/438 homes in foreclosure
93065 Simi Valley: 1/398 homes in foreclosure
91702 Azusa: 1/377 homes in foreclosure
91701 Rancho Cucamonga: 1/321 homes in foreclosure
91307 West Hills: 1/268 homes in foreclosure
92701 Santa Ana: 1/235 homes in foreclosure BOONEY ALERT
91710 Chino: 1/221 homes in foreclosure BOONEY ALERT
90220 Compton: 1/221 homes in foreclosure Gang Alert
91350 Santa Clarita: 1/221 homes in foreclosure BOONEY ALERT
90240 Downey: 1/220 homes in foreclosure
92501 Riverside: 1/219 homes in foreclosure BOONEY ALERT
91354 Valencia: 1/162 homes in foreclosure BOONEY ALERT
92201 Indio: 1/142 homes in foreclosure BOONEY ALERT
92860 Norco: 1/120 homes in foreclosure BOONEY REDNECKS
92879 Corona: 1/106 homes in foreclosure BOONEY ALERT
92534 Lancaster: 1/101 homes in foreclosure BOONEY ALERT
92562 Murrieta: 1/86 homes in foreclosure BOONEY ALERT
93550 Palmdale: 1/67 homes in foreclosure BOONEY ALERT
\_ Dude, this is waaay too much data for the motd. Just give us
the URL.
\_ What's the trend? I don't see it.
\_ The trend is that expensive, highly desirable areas that are
close to job centers and/or beaches have low foreclosure rates.
Places where housing costs are a fraction have much higher
foreclosure rates. This is fully expected and not a surprise at
all.
\_ Suburbs = PIECE OF SHIT
Urban = desirable
As oil price shoots up the roof, this will be even more
apparent
\_ Um, no. The data above does not say that at all. Palos Verdes,
Malibu, and Manhattan Beach are all very much suburban.
\_ These suburbs are an exception to the rule. They're
right by oceans and are conveniently close to cities.
Now look at the bottom of the list. They're all in
the middle of nowhere and the closest civilization
to them are Walmarts. |