About 7.2% of all mortgage loans in Fresno County were 90 days or more delinquent in August, a significant increase from 2.8% a year ago, according to First American CoreLogic, which tracks the data.

Housing prices fell 26% between August 2007 and last August. The current median of a house in Fresno County was $215,455. Nationally, prices fell 7.83%, CoreLogic reported.

The falling prices contributed to a boost in sales of 10.4% during the same period, bucking a nationwide trend. Nationally, sales are down 34%.

We were among the first into this housing mess. Are we going to be among the first out? What do you think?