From the, and featured at CR:,0,479624,full.story

“The number of homes in the $1-million-and-up market that have become bank owned has tripled during the last three years in Los Angeles County, and the trend has shown little sign of slowing.”


What about San Diego County? On you can search by approximate value, here are the number of detached properties over $1,000,000 that were foreclosed in SD County for the entire year:

2007 = 74

2008 = 103

2009 = 162

2010 = 126 so far.

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Jim the Realtor
Jim is a long-time local realtor who comments daily here on his blog, which began in September, 2005. Stick around!

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