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August 15, 2007

Top Ten California Counties for Mortgage Defaults

The good folks at ForeclosureRadar have new data out today on California mortgage defaults. Here are the top ten counties measured by mortgage defaults per capita. I lose track of which is which, but I think only two of these counties are in real estate mad southern California.
  1. RIVERSIDE COUNTY
  2. SAN JOAQUIN COUNTY
  3. STANISLAUS COUNTY
  4. SOLANO COUNTY
  5. SACRAMENTO COUNTY
  6. SAN BERNARDINO COUNTY
  7. MERCED COUNTY
  8. CONTRA COSTA COUNTY
  9. YUBA COUNTY
  10. MADERA COUNTY

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Comments

Yep. Riverside and San Bernardino Counties are in Southern California. They're the lower-priced place to go--inland from Los Angeles and Orange Counties.

These are *all* "exhaust pipe" counties, all downwind from the big polluters, an interesting commonality...

On bad days the upper Central Valley eats smog from the Bay Area AND SoCal.

Except of course, on the lovely Santa Ana days when the pipe runs backwards.