On the same day that RealtyTrac numbers showed that California foreclosure proceeding have seen the biggest increase over July numbers in the country (55%), a new report shows the full impact of the foreclosure crisis at the neighborhood level. The report, which was released today at events in 5 communities throughout the state by members of a statewide coalition of homeowners, community leaders and students, shows that the foreclosure crisis is costing almost $80 billion in just the city of Los Angeles.
Link to "snapshot" with key findings in all 5 cities
San Diego Link (this report with similar data was released in July 2011)
