An interesting bit of market information for our state was in DSNews.com yesterday:
“Foreclosure filings in California were down in April for the first time since the beginning of the year, ForeclosureRadar reported Tuesday. Last month, the locally based company tracked a total of 58,410 notices of default and foreclosure sale filings in the Golden State. Default notices fell 16.01 percent compared to March, while sale notices dropped 10.25 percent.
Despite the decline in filings, the firm’s data shows that the inventory of properties in pre-foreclosure or scheduled for sale dipped only slightly – down 3.17 percent and 2.77 percent, respectively – evidence that the drop in filings was offset by an increase in the time it takes lenders to complete a foreclosure.
To read the rest of the article, please go DSNews.com.
Latest posts by Renee West (see all)
- UPGRADED, SINGLE LEVEL, RESIDENCE OFFERING SOPHISTICATED INTERIOR FINISHES, NO STEPS TO THE ENTRANCE. LISTED AT$4,875,000. - January 10, 2019
- LIVE ON THE BAY FRONT IN NEWPORT BEACH. EXCEPTIONAL ARCHITECTURE DESIGNED TO CAPTIVATE THE INDOOR /OUTDOOR LIVING AREAS. LISTED AT $5,550,000. PARK YOUR YACHT IN FRONT OF YOUR HOME. - January 9, 2019
- CONTEMPORARY CRYSTAL COVE ESTATE IN NEWPORT BEACH. ELEGANCE ABOUND. LISTED FOR $21,995,000. - January 9, 2019