PropertyRadar Blog

Foreclosures jump in California - December sees 45.4% over November

Written by PropertyRadar | Jan 16, 2008 8:00:00 AM

The pace of home foreclosures in the Central Valley and across most of California is quickening, a foreclosure information company says Tuesday.There was a "gargantuan jump" in Notice of Default filings in December and "we're already observing a record pace of auction sales in January," says ForeclosureRadar of Discovery Bay.