In a Wall Street Journal blog post writer Nick Timiraos throws out some pretty appaling Real Estate statistics from the neighborhood:
In Carlsbad’s 92009 zip code, where Zillow tracks a median home price of more than $500,000, nearly one in 50 homes had received a notice of default in the 12 months ending in February, according to RealtyTrac.
Times are tough indeed.
[Link: Wall Street Journal]
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