15July2008

The Actual Numbers, Including Foreclosures for May 2008

Posted by staceysloan under: Housing and Economy; Buying a Home; Housing Recovery; Selling a Home.

A total of 33,024 new and resale houses and condos were sold statewide in May.  That was up 6% from April and down 10% from May of last year.  Southern California sales volume from Ventura County to San Diego County was 16,917 as compared with 19,874 a year ago.  Orange County’s total number was 2,266 which was a 15% downturn from May ’07.  The median price went from $635,000 to $485,000.  Yes there was another jump  in California foreclosure activity.  Souther California had a total of 65,309 Notices of Default issued the first quarter of 2008.  Orange County had 7,082 which when compared with Los Angeles County at 20,339 and Inland Empire at 26,171, doesn’t seem so bad.  Allo fo these numbers for Southern California, broken down by county are available to you.  Simply call me and I will get them to you.  (Source:Dataquick)