Tag Archives: Drop

Foreclosure Sales Drop Substantially

Posted on by


Discovery Bay, CA (PRWEB) November 13, 2008

ForeclosureRadar (http://www.foreclosureradar.com), the only internet site that tracks every California foreclosure with every day auction updates, today issued its California Foreclosure Report for October, 2008. Foreclosure sales dropped by 39.1 % from the prior month, due to important increases in cancellations and postponements. Beneath California law, scheduled foreclosure sales can be postponed for a period of up to one year, until they are either cancelled or sold. Cancellations, exactly where the home is taken out of foreclosure, increased by 78 percent in October, resulting in nearly 20 percent of foreclosure sales scheduled for October getting referred to as off.

&#13

Notice of Default filings, which begin the foreclosure process, continue to be substantially impacted by CA State Senate Bill 1137, as lenders work by means of the new requirements the law imposed. Notices of Trustee Sale, however, rebounded following a considerable drop the prior month.

&#13

Higher-level findings incorporate:

&#13

o

S. California Foreclosures Drop Over three Percent In February 2009

Posted on by

Mt. Pleasant, PA (PRWEB) March 26, 2009

Default Research, the premier provider of preforeclosure real estate data in Southern California, is reporting that Notice of Defaults and Notice of Trustee Sales recorded in Southern California dropped 3.54 % from February 2008 to February 2009. For far more detailed Southern California region foreclosure statistics listed by county, please check out http://marketplace.defaultresearch.com

&#13

Housing indicators show a continued reduce in house inventories while median house rates are beginning to level out,” said Serdar Bankaci, founder of Default Study. “With the complete effects of the numerous stimulus packages, along with the president’s new Mortgage Modification plan, we may possibly begin to have some hope for the housing market place.”

California Foreclosure Filings Drop

Posted on by


Discovery Bay, CA (PRWEB) September 16, 2009

ForeclosureRadar (http://www.foreclosureradar.com ), the only internet site that tracks each California foreclosure and provides daily auction updates, issued its month-to-month California Foreclosure Report for August 2009. Foreclosure filings dropped each month-more than-month and year-over-year, even though the inventory of properties scheduled for foreclosure sale continued to develop, and foreclosure sales have been flat.

&#13

Important findings for August 2009 contain:

&#13

o