California Foreclosure Filings Drop 19%: ForeclosureRadar

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Foreclosure filings were reported on 257,747 U.S. properties in December, a decrease of nearly 2% from the previous month and down 26% from December 2009-the biggest annual drop in foreclosure. (52.

Foreclosure filings were. July and a 13% drop from August 2011, when foreclosure starts hit a 17-month high. Lenders completed the foreclosure process on 52,380 properties in August, a 2% decline.

California Foreclosure Filings Drop 19%: ForeclosureRadar. report released by RealtyTrac revealed a drop in the overall foreclosure activity in November 2012. As per this leading online marketplace of foreclosure properties, foreclosure filings plummeted.

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Notices of default in California, which is the first step in the foreclosure process, dropped from July to 36,396 filings, a monthly dip of 19.1% and a 14.2% decrease from August of last year.

California foreclosure filings were down in April for the first time since the beginning of the year, says in its latest California Foreclosure Report. Despite the decline in filings, the inventory of properties in pre-foreclosure or scheduled for sale only dipped slightly, as the drop in filings were offset by an increase in the [.]

Notices of Trustee Sale dropped by an unexpected 28.7 percent, with the timing of the drop indicating that it was in response to the California Foreclosure Prevention Act. This law was widely believed to have little or no impact on foreclosure filings, as it exempted the majority of large lenders that operate in the state.

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(Photo by Kevork Djansezian/Getty Images) In California, 13,227 foreclosure sales were recorded in February, compared to 17,346 in January, a 23 percent drop. Sales were lower by 13 percent from.

ForeclosureRadar, a website that is said to track every California foreclosure with daily auction updates, issued its California Foreclosure Report for October this week. Foreclosure sales dropped.

California real estate market Sees Progress On Distressed homes april brought good news for California’s real estate market, with foreclosure filings down dramatically, and a rise in cancellations suggesting that the combination of anti-foreclosure programs is making.

The MDA DataQuick research firm reported yesterday that there were 1,107 foreclosures last month, a 15 percent drop from a year. receiving a foreclosure filing during the month. Such filings were.