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No. 17: Santa Ana-Anaheim-Irvine, Calif.

No. 17: Santa Ana-Anaheim-Irvine, Calif.

Q1 Home price index: 2.4 percent
Q1 Foreclosure rate (YOY change): 2.3 percent (up 28.6 percent)
Q1 90+ day delinquency rate (YOY change): 7.9 percent (up 44.9 percent)
April 2010 unemployment rate: 9.5 percent

The real estate market in Santa Ana, especially for condos, was among the worst in the country. Signs of improvement are emerging now as home prices and sales improved in the first quarter, and unemployment ticked down slightly in April.