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I'll bring out the same ole story from a few yrs ago of postcode 2560 when API announced "20% growth" (in median prices) and all the "monkey see monkey doos" ran with the story. The real story was that almost all resi resales still lost and continued to lose money. Meaningless medians are...

It's rare they foreclose resi unless you miss payments. What often happens is owners can't afford payments or stop paying as they see no point paying for a house that's now worth much less. You say this as if there are some obvious areas that have never decreased in value. So where are...