Tuesday, November 20, 2007

Google Trends: "Foreclosure" in California


Graph of the number of times the word "foreclosure" was googled from California over the last year. As one can tell it has about doubled in the past year.
Posted by David at 11:38 AM

9 comments:

  1. wannabuyNovember 20, 2007 2:16 PM

    California is going to do an amazing amount of damage to the financial markets. If you think the current plans to tighten credit are something... wait until after next May when defaults in California are expected to be enough to bring the entire US mortgage industry to its knees. In other words, Good luck selling in late 2008 or 2009.

    Off thread (Hat tip HBB):

    Just as the information isn't being contained, neither is the job losses:
    http://www.bloomberg.com/apps/news?pid=20601109&sid=aRr7SXEHGIbk&refer=home

    New York law firms are cutting associates for the first time since 2001 as the collapse of the subprime mortgage and credit markets causes private equity deal volume and structured finance work to slow.
    Later in the article:
    Some lawyers say that they learned from the last round of staff cuts and any firings this year won't be as severe.

    Yea... kind of like the builders.

    Got popcorn?
    Neil

    ReplyDelete
  2. lanceNovember 20, 2007 3:47 PM

    Who cares about California? They are a minimal part of the national housing market. Besides, with all the fires recently, that should have destroyed enough housing stock to make up for any over supply of homes. Besides, since we have the strongest economy in the country, everyone will just move here, making us one of those "superstar" cities that my personal hero Lereah talks about.

    And Neal, New York law firms cutting jobs will also benefit the district, because all the cut lawyers will move to the district so they can work on K st and eat at Krispy Kreme everyday.

    ReplyDelete
  3. AnonymousNovember 20, 2007 4:19 PM

    just as an fyi, California is the seventh largest economy in the world. It least it was the last time I read the statistic.
    bob

    ReplyDelete
  4. LanceNovember 20, 2007 5:19 PM

    Imposter:

    "lance said...
    Who cares about California? They are a minimal part of the national housing market. Besides, with all the fires recently, that should have destroyed enough housing stock to make up for any over supply of homes. Besides, since we have the strongest economy in the country, everyone will just move here, making us one of those "superstar" cities that my personal hero Lereah talks about.

    And Neal, New York law firms cutting jobs will also benefit the district, because all the cut lawyers will move to the district so they can work on K st and eat at Krispy Kreme everyday.

    November 20, 2007 12:47 PM

    Note, I am reporting this to Google.

    ReplyDelete
  5. LanceNovember 20, 2007 5:27 PM

    From Blogger:
    "Thanks for your report. We appreciate your bringing this to our attention, and we'll investigate."

    ReplyDelete
  6. lanceNovember 20, 2007 9:46 PM

    "just as an fyi, California is the seventh largest economy in the world. It least it was the last time I read the statistic.
    bob"

    Well Bob, they won't be once the great quake happens and they fall into the ocean. Then they will all move to the district and then prices will really go through the roof!

    ReplyDelete
  7. AnonymousNovember 20, 2007 10:55 PM

    Lance, did you ever think that his name might be Lance too? Which is Google allows any number of people to register and use the same display name. Your unique identifier is actually your email address, which is you use that to sign into Blogger. There's nothing Google can do. It's really up to David, as the blog owner to moderate the comments.

    ReplyDelete
  8. AnonymousNovember 21, 2007 10:41 AM

    "From Blogger:
    'Thanks for your report. We appreciate your bringing this to our attention, and we'll investigate.'"

    I am reporting this to Lereah!

    ReplyDelete
  9. AnonymousAugust 29, 2008 10:16 AM

    Hi, I like your blog. When I went to this great site www.pissedconsumer.com to post a complaint against Foreclosure I found out that I have also been scammed into signing up for something that doesn't exist. I found the complaints of other pissed customers who had the same problem. Watch out of this company!

    ReplyDelete

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