San Diego New foreclosure activity Jumps 160%

San Diego County saw a nearly 160 percent jump in foreclosure notices over the same quarter last year, while Riverside saw a 140 percent rise.

This was reported in a report issued by DataQuick of La Jolla CA. 

Anyone ‘still’ think San Diego was not a ‘bubble’ market? 

With HUGE amount mortgage interest rate adjustments set for 2007 & 2008, what we are seeing now is just the tip of the iceburg!

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