Orange County CA Real Estate - April 2007 Foreclosure Report
Number of default properties in Orange County CA keeps on creeping up significantly every month, April 2007 being the highest when compared to last few years. April 2006 there were only 480 homes in default. We do not expect any decrease in these numbers any time soon as we have yet to see the effects of tightening lending practices that will dampens home sales further and will leave a number of financially strangled individuals out of the refinance options.
