What are the Acutual Numbers...Latest Jan. 2008 Results!

The total number of sales for January (the latest month available) is 1,286 and that is a 46% decline over January 2007. There were 806 resale houses, 327 condos sold and 153 new homes. Orange County had 4,276 Notices of Default (not foreclosures) for the fourth quarter of 2007, compared with 1,983 for the same time period 2006. That is a 115.6% upswing. Actual foreclosures have been running about 1 in 4 of total defaults. Inland Empire and Los Angeles fared far worse with Defaults over 17,000 for each county respectively.