800,000 mortgages in California are 30 days late or in foreclosure. Only 132,000 show up in the MLS. Why there will be no housing bottom for California until at least 2012. � Dr. Housing Bubble Blog

800,000 mortgages in California are 30 days late or in foreclosure. Only 132,000 show up in the MLS. Why there will be no housing bottom for California until at least 2012. � Dr. Housing Bubble Blog