Date 30 year 1 year ARM 5/1 ARM
01/30/2008 5.88 5.60 5.66
01/23/2008 5.57 5.41 5.35
01/31/2007 6.42 6.06 6.30
Local real estate data
1/17/2008
SANTA CLARA
4116
inventory
22.0%
% sp>lp
Foreclosures
San Mateo county
Notices of default Foreclosure sales Value of sales
Dec 2006 121 23 $13.03 million
Dec 2007 191 64 $36.7 million
+58% +178% +182%
Santa Clara county
Notices of default Foreclosure sales Value of sales
Dec 2006 313 39 $20.28 million
Dec 2007 828 262 $138.3 million
+165% +572% +582%
California
Notices of default Foreclosure sales Value of sales
Dec 2006 14,471 2,840 $1 billion
Dec 2007 32,948 12,783 $5.2 billion