More scary statistics

Here are just a few more stats that shows you the major slow down in the housing market.  California very often is a step ahead in the housing market, and we very often can see these trends sneak across the border and show in our housing market.  While these numbers are focused on metro areas we can still see these numbers scare away good investment opportunities for all of us.   See stats below

Among the metro areas in California with more than 100 new-home sales in September, sales dropped 66.9 percent in the San Diego area, 65.1 percent in the Los Angeles area, 46.1 percent in the Oakland area, 44 percent in the Irvine area and 31.4 percent in the Riverside area, with the slightest decline at 2.3 percent for the Fresno area compared to September 2006.