Tuesday, February 05, 2008
100 Hardest Hit Zip Codes
CNN Money has a list. In southern California except for one in San Diego all the listed zip codes are either in the far suburbs of LA: Palmdale, Lancaster, San Bernardino, and Riverside. The San Diego zip code seems to be pretty far inland and not close to any of the high priced coastal communities. The list was compiled by totaling the default notices, auction notices and bank repossessions. So these are properties in trouble, presumably those financed with subprime mortgages.