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There are 3 blog posts about 'defaults'

Sacto developer files for bankruptcy

John D. Reynen of Reynen & Bardis Communities Inc. filed for Chapter 11 (personal) bankruptcy today. Read more here. Reynen & Bardis has 8 or so projects in Kern, mostly in metro Bako and Wasco, and mostly in trouble. One Wasco community has been left with partially constructed homes...

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Kern foreclosures hit new high

Here's Gretchen Wenner's latest report on the market: Foreclosures reached another new high in Kern last month, according to the latest report from the Kern County Recorder’s office. The monthly tally shows 586 properties foreclosed in February, up from 512 the previous month and 107 in...

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Home market drama...

A few real estate items for the hungry out there. Bad news yadda yadda. Here goes. One: Local defaults and foreclosures set new records (again) last month. Here's a link to existing story/PDFs. I'll update later in the day with more graphs: ...

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