The California Governor announces a state of emergency in Santa Barbara County, where a wildfire has destroyed 100 homes, several mansions among them, in a celebrity enclave for the rich and famous. Meanwhile, back in the real world, Californian home foreclosure activity for the previous month of October was pegged at 56,954 properties. That total was down from a peak of more than 100,000 in August, but was still up 13 percent from October 2007.
Jan 01