Via San Diego real estate blog San Diego real estate agent:
The local San Diego 'experts' who are trying to jump on every tidbit of positive real estate news as proof positive that our San Diego real estate market is finally turning, may just have to re-think their recent touting of slowing subprime delinquencies.
Clayton Fixed Income Services, Inc released a report showing the percentage of subprime borrowers 60 or more days in arrears at the end of July surged for both the 2006 and 2007 vintages, up nearly 7% and 11% compared to June, respectively. *To read the full post, please visit the San Diego real estate blog - To subscribe to my free RSS blog feed, please use San Diego real estate blog RSS subscriprion
