SacBee.com - "Mortgage defaults are rising" (5-9-06)

"DataQuick said year-over-year default notices jumped 49 percent in Sacramento County to 1,136; 90 percent in Placer to 239; and 109 percent in Yuba to 48."

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Sacremento Home Sales Decline 57%

Fluke in data? UCLA specialist not sure numbers are correct. Data shows significant plunge in Sacremento sales.

Sacremento Bee - "Sales of new houses fall 57%" (1-13-06)

Less then a month later, the same Sacrememnto newspaper publishes article on the number of default notices increasing. Sacramento posts highest defaul numbers in three years.

Sacremento Bee - "Default Notices on the Rise" (2-6-06)