West Coast Foreclosure Sales Climb to Pre-Robo-Signing Levels

West Coast Foreclosure Sales Climb to Pre-Robo-Signing Levels

DSN-Masthead

Foreclosure auction sales in states along the West Coast have bounced back to levels not seen since robo-signing moratoriums went into effect last fall, the California-based tracking firm PropertyRadar reported Tuesday.“We have not seen this level of activity on the courthouse steps for months,” said Sean O’Toole, CEO, and founder of ForeclosureRadar. “The increase in foreclosures is just in time to provide a fresh supply of entry-level homes for the spring homebuying season.”

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