Chapman University's annual economic forecast has been known to be overly sunny, but even this year's had to acknowledge that it'll suck huevos through the end of the next year.
However, as they faced a crowd of 1,200 huddled in the Orange County Performing Arts Center on Tuesday, Esmael Adibi and James "I'm Not Just an Economist, I'm Chapman U's President" Doti did offer this glimmer of hope: the economic recovery will begin near the end of '09 and start in Orange County and California before
Home foreclosures continue to wrack the Santa Ana-Anaheim-Irvine area, increasing 0.40 percent in December 2008 compared to the previous year. The rate of foreclosures among outstanding mortgage loans rose from 0.90 percent in December '07 to 1.30 percent 12 months later, according to First American CoreLogic, "the largest provider of real estate, property and ownership data and advanced analytics for information on foreclosures, delinquencies, median home prices, home price indices, hom
