San Diego Home Losses Mark New High
by Roberta Murphy According to the latest from Dataquick, a record number of foreclosure notices have been sent to California homeowners during this past quarter, setting a new ten-year record. Why? Dataquick reports that œflat appreciation, slow sales, and post teaser-rate mortgage resets have contributed to these financial casualties. The San Diego Union Tribune reports that San Diego County endured 1,182 foreclosures from January through March, 2007 -or almost eight…