Where the Pain Is . . .

Virtually all California home prices are down, but the drop varies widely by location. Broken out by county, this table shows the percentage of homes sold in May, June and July for which sellers got less than they paid.

County 1990 1991 1992 Orange 5.3% 15.3% 26.0% Santa Barbara 7.0% 6.4% 25.9 Ventura 5.6% 10.5% 19.4% Los Angeles 2.3% 8.6% 17.6% San Francisco 1.8% 10.5% 16.2% San Diego 3.2% 8.8% 15.6% Riverside 3.5% 7.6% 13.2% Kern 2.0% 1.1% 10.5% San Bernardino 2.0% 5.7% 10.4% Sacramento 1.5% 2.3% 9.8% Fresno 4.4% 2.3% 3.0% Statewide 2.9% 8.5% 15.9%

Source: Dataquick Informations Systems