O.C. condo foreclosures up 320%
February 11th, 2008, 6:04 pm · 6 Comments · posted by Mathew Padilla, Reporter
DataQuick numbers for the six months ending in late January show condo foreclosures in Orange County climbed 321% vs. the same period ending in late January 2007, while foreclosures of houses jumped 274% over the same period. (The numbers exclude the last three business days of January.)
Here’s how condos and single family residences (SFR) compare via ZIP code for the past six months ending in late January vs. a year earlier…
| City | Zip | Con | SFR | Con% | SFR% |
|---|---|---|---|---|---|
| Aliso Viejo | 92656 | 54 | 28 | 218% | 460% |
| Anaheim | 92801 | 10 | 55 | 233% | 686% |
| Anaheim | 92802 | 6 | 39 | 200% | 875% |
| Anaheim | 92804 | 37 | 128 | 825% | 700% |
| Anaheim | 92805 | 10 | 72 | 233% | 454% |
| Anaheim | 92806 | 1 | 37 | 0% | 1133% |
| Anaheim | 92807 | 6 | 31 | n/a | 417% |
| Anaheim | 92808 | 7 | 14 | 133% | 367% |
| Brea | 92821 | 3 | 26 | 50% | 271% |
| Brea | 92823 | 0 | 3 | n/a | 50% |
| Buena Park | 90620 | 0 | 68 | n/a | 656% |
| Buena Park | 90621 | 2 | 43 | n/a | 760% |
| Corona del Mar | 92625 | 5 | 2 | n/a | n/a |
| Costa Mesa | 92626 | 8 | 36 | n/a | 1100% |
| Costa Mesa | 92627 | 7 | 24 | 250% | 700% |
| Cypress | 90630 | 6 | 16 | n/a | 60% |
| Dana Point | 92624 | 3 | 4 | 200% | n/a |
| Dana Point | 92629 | 11 | 7 | 450% | 250% |
| Foothill Ranch | 92610 | 3 | 5 | n/a | 25% |
| Fountain Valley | 92708 | 0 | 38 | -100% | 660% |
| Fullerton | 92831 | 7 | 16 | 600% | 433% |
| Fullerton | 92832 | 1 | 17 | n/a | 325% |
| Fullerton | 92833 | 23 | 45 | 667% | 165% |
| Fullerton | 92835 | 3 | 13 | n/a | 550% |
| Garden Grove | 92840 | 6 | 84 | 100% | 546% |
| Garden Grove | 92841 | 0 | 41 | n/a | 215% |
| Garden Grove | 92843 | 17 | 33 | 750% | 1550% |
| Garden Grove | 92844 | 6 | 26 | 500% | 2500% |
| Garden Grove | 92845 | 1 | 10 | 0% | n/a |
| Huntington Beach | 92646 | 5 | 22 | n/a | 175% |
| Huntington Beach | 92647 | 4 | 25 | 100% | 2400% |
| Huntington Beach | 92648 | 8 | 14 | n/a | 250% |
| Huntington Beach | 92649 | 6 | 9 | 100% | 800% |
| Irvine | 92602 | 18 | 9 | 800% | 125% |
| Irvine | 92603 | 9 | 3 | 800% | n/a |
| Irvine | 92604 | 4 | 7 | 33% | 250% |
| Irvine | 92606 | 3 | 2 | 200% | 100% |
| Irvine | 92612 | 9 | 3 | 125% | -25% |
| Irvine | 92614 | 8 | 2 | 300% | n/a |
| Irvine | 92618 | 4 | 5 | -20% | n/a |
| Irvine | 92620 | 11 | 15 | 450% | 1400% |
| Ladera Ranch | 92694 | 32 | 30 | 146% | 900% |
| La Habra | 90631 | 22 | 61 | 450% | 771% |
| La Palma | 90623 | 1 | 6 | n/a | 200% |
| Laguna Beach | 92651 | 0 | 6 | -100% | 20% |
| Laguna Hills | 92653 | 23 | 20 | 360% | n/a |
| Laguna Niguel | 92677 | 47 | 34 | 327% | 386% |
| Laguna Woods | 92637 | 3 | 0 | -25% | n/a |
| Lake Forest | 92630 | 46 | 59 | 254% | 1080% |
| Los Alamitos | 90720 | 0 | 5 | n/a | 150% |
| Midway City | 92655 | 2 | 1 | 0% | 0% |
| Mission Viejo | 92691 | 38 | 41 | 443% | 242% |
| Mission Viejo | 92692 | 13 | 22 | 86% | 267% |
| Newport Beach | 92660 | 5 | 6 | n/a | 200% |
| Newport Beach | 92661 | 0 | 0 | n/a | n/a |
| Newport Beach | 92662 | 0 | 0 | n/a | n/a |
| Newport Beach | 92663 | 5 | 2 | -17% | n/a |
| Newport Coast | 92657 | 2 | 0 | 100% | -100% |
| Orange | 92865 | 8 | 20 | 300% | 900% |
| Orange | 92866 | 3 | 3 | n/a | n/a |
| Orange | 92867 | 5 | 30 | n/a | 650% |
| Orange | 92868 | 3 | 20 | n/a | 300% |
| Orange | 92869 | 15 | 36 | 400% | 1100% |
| Placentia | 92870 | 13 | 23 | 333% | 667% |
| Rancho Santa Mar. | 92688 | 34 | 26 | 162% | 420% |
| San Clemente | 92672 | 2 | 9 | 100% | 125% |
| San Clemente | 92673 | 9 | 22 | 350% | 1000% |
| San Juan Cap. | 92675 | 21 | 29 | 250% | 625% |
| Santa Ana | 92701 | 42 | 30 | 740% | 400% |
| Santa Ana | 92703 | 26 | 85 | 1200% | 554% |
| Santa Ana | 92704 | 35 | 80 | 1067% | 700% |
| Santa Ana | 92705 | 18 | 30 | n/a | 400% |
| Santa Ana | 92706 | 10 | 31 | n/a | 417% |
| Santa Ana | 92707 | 44 | 95 | 1367% | 692% |
| Seal Beach | 90740 | 0 | 3 | n/a | n/a |
| Stanton | 90680 | 12 | 37 | 140% | 1133% |
| Trabuco/Coto | 92679 | 8 | 19 | 167% | 111% |
| Tustin | 92780 | 25 | 44 | 317% | 633% |
| Tustin | 92782 | 4 | 3 | 33% | n/a |
| Villa Park | 92861 | 0 | 0 | n/a | n/a |
| Westminster | 92683 | 2 | 74 | n/a | 722% |
| Yorba Linda | 92886 | 3 | 26 | -40% | 333% |
| Yorba Linda | 92887 | 4 | 17 | 300% | 1600% |
| Total | N/A | 917 | 2162 | 321% | 274% |
February 11th, 2008 at 6:26 pm
It’s brutal.
February 11th, 2008 at 6:36 pm
Just as I stated earlier, areas showing deep double digits above are the affordable areas of the future. A perfect opportunity for well meaning posters to do their part by joining and reviving these towns. It’s also very interesting how relatively unscathed the best towns are. Location, location, location just like always.
February 11th, 2008 at 7:03 pm
The worst has yet to come. These high rise towers, town houses, and condo are too expensive in Orange County.
February 12th, 2008 at 2:15 am
Holy, shi^(*#%@)%!
February 12th, 2008 at 12:43 pm
Yes everyone, follow the advice of itsthelandstupid, the clearest and most direct path to foreclosure and bankruptcy. Buy at the near-peak of the market. Don’t wait until next year when you can save $50,000+. I mean come on, who wants to save money anyway, especially when it’s a lot of money? Buy buy buy! Buy 2 if you can afford it.
February 12th, 2008 at 1:30 pm
Hey penniless (deleted), I said nothing of the kind.