Part 2 – California distressed property sales still greater than 50% of total sales in 2013
Posted on April 3rd, 2013
Distressed property sales have eased since the housing market crash, but still represent a substantial proportion of California real estate sales. Despite the recent decline in short sales and foreclosure sales we highlighted in Part 1, distressed property sales will likely remain an important part of the California real estate landscape for the foreseeable future. [...]
Filed under Distressed Properties, Foreclosure trends, REO, Short Sales | No Comments »
California Foreclosure Filings Up 10.0 Percent in February
Posted on March 13th, 2013
California foreclosure filings — the sum of Notices of Default and Notices of Trustee Sale — rose 10.0 percent in February after plummeting 43.4 percent in January. Despite the uptick in February, the longer-term downtrend in foreclosures remains intact as the California Homeowner Bill of Rights and the $25 Billion National Mortgage Settlement encourage banks [...]
Filed under Foreclosure & Housing Markets, Foreclosure trends, REO, foreclosure report, housing market | No Comments »