11-02-2020 19:25 via ocregister.com

Bubble Watch: Are SoCal’s 18,632 foreclosure filings a concern?

“Bubble Watch” digs into trends that may indicate economic and/or housing market troubles ahead.
Buzz: Southern California had 18,632 foreclosure filings last year.
Source: Attom Data Solutions
The Trend
A history lesson is in order. Between 2006 and 2009, many of the bad mortgages that overheated the local housing market and the region’s economy turned sour.
In three years, the number of foreclosure filings in four Southern California counties — that’s court paperw
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