The number of Sonoma County homes that entered the foreclosure process fell to the lowest amount in four years last quarter.
Here's the Press Democrat article...
22 July 2011
21 July 2011
Foreclosure Numbers Falling
"Foreclosure filings plunged 29% compared with the same period a year ago and were down 25% from the last six months of 2010, according to the latest report from RealtyTrac, an online marketer of foreclosed properties."
There is some blame on banks failing to process the properties, but we've heard that all along and I don't expect any excess inventory to open up on the Coast.
Click here for the rest of the CNN Money article to decide for yourself.
There is some blame on banks failing to process the properties, but we've heard that all along and I don't expect any excess inventory to open up on the Coast.
Click here for the rest of the CNN Money article to decide for yourself.
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