In The News

Silicon Valley Foreclosure Filings Drop

Foreclosure filings in Santa Clara County tumbled more than 30 percent last month compared with the same time last year, a strong sign the worst of the housing crisis has passed, according to a report released Tuesday.

 

Foreclosure Filings Drop In California

Foreclosure filings were down in April in California for the first time since the beginning of the year.
But despite the decline in filings, the inventory of properties in preforeclosure or scheduled for sale only dipped slightly as the drop in filings were offset by an increase in the time to foreclose, according to a report Tuesday from ForeclosureRadar Inc. of Discovery Bay.

 

First Drop in California Foreclosures in 2010: ForeclosureRadar

HousingWire.com

Foreclosure filings in California dropped in April for the first time since the beginning of the year, according to ForeclosureRadar, which tracks the filings.

 

California Foreclosure Sales Soar in March

DSNews.com

California foreclosure sales increased on both a year-over-year and month-to-month basis in March, according to the monthly California Foreclosure Report recently released by ForeclosureRadar, a Discovery Bay, California-based company that tracks every foreclosure in The Golden State.

 

Foreclosure process slows in California

Inman News

It took banks 27.9 percent longer, or 225 days, to foreclose on a property in California last month than it did in March 2009, and 0.45 percent longer than it did in February, according to data tracked by foreclosure data company ForeclosureRadar.com.

 

Santa Clara County foreclosures jump 72 percent

Foreclosures shot up 72 percent in Santa Clara County last month compared with a year earlier — the biggest increase in more than a year — further proof that federal efforts to keep people in their homes have had little effect.

 

EXCLUSIVE: Major lender signals surge in local foreclosures

North County Times

Data show Bank Of America sends wave of auction notices to homeowners

 

Flip squads take on foreclosed houses, try to turn profits

The auctions held daily at courthouses in Riverside and San Bernardino counties and throughout California offer an opportunity for profits in today's beaten down real estate market, and they are generating unprecedented sales.

 

On the market: Buying foreclosed property

Los Angeles Times

Thinking about buying a foreclosed property? Here are five tips...

 

A lot has changed for homes since 2000

The Modesto Bee

Prices are nearly the same, but affordability is far higher nowadays.