Reo tapes - onmouseover="return window.status='http://lansner.freedomblogging.com/2008/06/16/ocs-home-pain-1-lost-every-3-minutes/'" onmouseout="window.status=''" href="http://lansner.freedomblogging.com/2008/06/16/ocs-home-pain-1-lost-every-3-minutes/">O.C.s home pain? $1 lost every 3 minutes

Mays DataQuick report shows O.C. prices at a low not seen in 4 years. www.bankreopropertydeals.com

Oil that is, black gold, Texas Tea. www.bankreopropertydeals.com

Report says shoppers' demand for O.C. housing fell last week for the first time in 2008. www.bankreopropertydeals.com

SANTA FE, N.M.----Thornburg Mortgage, Inc. , today reported a net loss before preferred stock dividends for the quarter ended March 31, 2008 of $3.306 billion, or a loss of $20.64 per common share, as compared to net income of $75.0 million, or $0.62 per common share, for the same period in the prior year. www.bankreopropertydeals.com

Latest figures also show inventory of homes listed for sale dropping as sellers don't want to compete with foreclosures. www.bankreopropertydeals.com

Chad Berry has plenty he could be distressed over as he and his crew clear out the remains of one family's life in the once-stately Bay Vista home. www.bankreopropertydeals.com

On Wednesday there was some good news for California, which has been one of the hardest hit states in the housing crisis, when a local realtor group said that sales there jumped 18% in May compared to May 2007. www.bankreopropertydeals.com