Housing Crash: Ohhh!!!! Look at the Pretty Pictures

Calculated Risk has the following pictures:


The total number of California notices of default


And these are notices of default as a percentage number of houses in California.

Both ways, it's the highest ever, with about 1/30 ownde occupied houses in default. Not pretty.

The San Francisco Chronicle also has some pretty pictures:


Foreclosures are skyrocketing.

Seeing as how pictures are worth 1000 words, I think that I have written enough.