West Coast Foreclosure Starts Plunge in September: ForeclosureRadar
“Foreclosure starts fell dramatically in all five West Coast states tracked by Foreclosure Radar, confirming suspicions that a foreclosure wave may not arrive…
…In September, foreclosure starts in Nevada fell 40.1 percent from the prior month and in Oregon, foreclosure starts fell 40 percent during the same period, according to a ForeclosureRadar report released Wednesday.
Arizona (-37.1 percent), Washington (-31.2 percent), and California (-20.7 percent) also saw dramatic declines over a one-month period.
While California saw the smallest decrease, the state had the highest number of foreclosure starts, which totaled 14,090 in September compared to 1,450 in Nevada and only 51 in Oregon.
Year-over-year, the decline in foreclosure starts was even greater…”
Read the rest of DSNews.com’s article here: “West Coast Foreclosure Starts Plunge in September: ForeclosureRadar“.