Bay Area Sees Big Increase Cancellation of Foreclosure Auctions

Bay Area Sees Big Increase Cancellation of Foreclosure Auctions

With a tough Homeowner Bill of Rights set to take effect in California New Year's Day, cancellations of foreclosure auctions have spiked in the Bay Area and throughout the state, according to a report Tuesday.

ForeclosureRadar® said cancellations jumped 60 percent in California from September to October, the biggest jump since it began tracking cancellations in 2006. Similar leaps in the number of cancellations were seen in the Bay Area.


The Only Surefire 2011 Housing Market Prediction
Loan Modification Denied? Don't Worry, Be Happy!
2016 Southern California Home Sales Down 1.5 Percent over 2015

Start discovering new opportunities using public records data today.

Try It Free Schedule Demo