PropertyRadar Blog

December 2009 California Foreclosure Report

Written by PropertyRadar | Jan 12, 2010 8:00:00 AM

Highlights from this report:

  • Dramatic declines in Foreclosure Activity - not simply seasonal
  • New Preforeclosure Inventory data - clearly shows we fewer filings, NOT fewer foreclosures
  • Big Drop in Sales to 3rd Parties - banks cut discounts leaving fewer deals