DataQuick – is a great source for info, not only in California, but other places as well. As we predicted, it is always a supply and demand issue. The worst downturns are occurring in areas that have been overbuilt. This great link below lays it out city by city so you can see where the

By Michael Corkery From The Wall Street Journal Online As the glut of unsold home remains stubbornly high and housing demand slides, home builders face a dilemma: to sell, or not to sell? Lennar Corp., for one, has joined the “not to sell” camp at its development in Orange County, Calif. The Miami company plans

Stalled Condo Projects Tarnish Trump’s Name Buyers Lambaste Developer, Whose Coffers Seem Secure By ALEX FRANGOS November 16, 2007; Even the Trump name isn’t bigger than the calamitous condo market. Donald Trump’s reputation as a real-estate developer could take a hit as some condominium projects emblazoned with his famous name run into trouble. In recent

Updated Foreclosure filings: No slowdown yet   Top 10 worst hit cities   The metro areas with the highest rate of foreclosure filings Metro area Filings 1 filing for every #household Quarterly increase Stockton, CA 7,116 31 31.6% Detroit, MI 25,708 33 91.7% Riverside/San Bernardino, CA 31,661 43 39.1% Fort Lauderdale, FL 16,595 48 89.8%

· Citigroup, the biggest bank in the US, reported a 57% drop in third-quarter earnings from a year earlier, due in no small part to bad mortgages; · Bank of America, the second-largest US bank, just reported a 32% drop in earnings, led by a loss of $527 million in revenues at its structured products

Disasters in the News These are just a few examples of the alarming epidemic of anti-investor legislation which has recently been enacted in other states. MARYLAND Pre-Foreclosures * Restricts fees and services investors can offer homeowners. * Seller gets 10-day right to cancel contract. *** Investor must reimburse 82% of proceeds to seller if reselling

Victorville News Release   News Release Contact For Immediate Release: October 9, 2007 Jennifer Little, Amies Communications 949.863.1910 ext. 27   Southern California Logistics Centre in Victorville Continues to Fuel Economic Growth in the High Desert Stirling Capital Investments Begins Development on Two Multi-Tenant Industrial Facilities Totaling 233,773 Square Feet and Creating Up To 200