"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.
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