Foreclosure Starts Up Nearly 20% In California

Discovery Bay, CA, March 15, 2010 - ForeclosureRadar (www.foreclosureradar.com), the only website that
tracks every California foreclosure and provides daily auction updates, issued its monthly California
Foreclosure Report for February 2010. After reaching the lowest level in a year last month, Notice of
Defaults, the start of the foreclosure process, increased by 19.7 percent in February. The number of
properties scheduled for foreclosure sale remained near record levels, yet foreclosure sales, either Back to Bank or Sold to 3rd Parties, dropped by 11.9 percent total.



Posted by Joan Wilson at 3/16/2010 11:43 AM
Categories: Market Trends,Foreclosure,San Diego Real Estate Market,Bank Owned Properties (REO)
Tags: Market Trends Foreclosure Great Deals in Real Estate Local Southern California Information San Diego Real Estate Foreclosure Alternative Programs REO
 

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