PROGNOSIS: If you needed confirmation, here it...

PROGNOSIS: If you needed confirmation, here it is: Orange County is “near the top of the list” of risky real estate markets in the nation and in danger of widespread defaults, foreclosures and banking turmoil. . . . So says Dennis R. Capozza, professor of finance at the University of Michigan. His analysis considers employment, income, construction, tax and price trends, but to simplify, just look at average housing prices, he says. “Up $100,000 in four years? Wow!”