California sees record $5 billion in foreclosure sales

California sees record $5 billion in foreclosure sales

cvbt

October foreclosure sales increased by 40 percent from September with a total of 12,336 properties – with a loan value of $5 billion – sold at auction statewide, according to figures compiled by ForeclosureRadar. The Discovery Bay-based company operates a Web site that tracks every California foreclosure on a daily basis.


Twelve Percent Mortgages Now Past Due - Foreclosure Clearly Not Problem Anymore
California Property Report - July 2013
ForeclosureRadar Reports

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