This week I was interviewed by Sue McAllister at the San Jose Mercury News. It was a good opportunity to respond on the current state of mortgage defaults in the Bay Area. While I routinely note this in my Weekly Market Watch, it was nice to explain it to such an influential reporter. The fact is, I don’t think we’re out of the woods on foreclosures and I think 2010 will be a telling year for that. We’re also seeing that foreclosures are no longer limited to the entry level market. They’re entering into the move-up and luxury buyer market as well. Check out the story and let me know what you think. Comment on this page. Just click on the comments link above.