California Foreclosure Filings Drop 19%: ForeclosureRadar

California Foreclosure Filings Drop 19%: ForeclosureRadar

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California foreclosure filings were down in April for the first time since the beginning of the year, ForeclosureRadar.com 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 [.]

FORECLOSURE SALES INCREASE 24.7 PERCENT California Foreclosure Prevention Act has unexpected impact on June filings Discovery Bay, CA, July 14, 2009 – ForeclosureRadar (www.foreclosureradar.com), the only website that tracks every California foreclosure, and provides daily auction updates, issued its monthly

A new state law requiring lenders to contact homeowners before foreclosure filings led to a dramatic drop in foreclosure activity in California in September, according to the website.

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 [.] Foreclosure filings in California were down in April for the first time since the beginning of this year, a report by ForeclosureRadar.com shows.

Foreclosure filings in California dropped in April for the first time since the beginning of the year, according to ForeclosureRadar, which tracks the filings.Notices of default dropped 16% from.

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Foreclosures soared to 367,056 in March, up 19% from February and 8% higher than March 2009, according to foreclosure data specialist RealtyTrac. That’s the highest level the firm has seen since.

Default filings in California fell a whopping 62 percent in September from the month before, according to ForeclosureRadar.com, a California foreclosure search and data site.

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The latest figures from ForeclosureRadar, which tracks foreclosure data on the West Coast, reported 338,999 foreclosure starts in California in 2010, down 33% from one a year ago. In Arizona foreclosure filings fell 18% to 119,790, and in Nevada foreclosure filings were down 19% to 86,010, the data also shows.

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ForeclosureRadar, a company based in Discovery Bay, California that tracks every foreclosure in the Golden State, says it expected the new California Foreclosure Prevention Act to have little impact.

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California Foreclosure Filings Drop in April May 17, 2010 by Christopher Hanson Leave a Comment ForeclosureRadar, an online resource that tracks foreclosure activity across the U.S., reports that California foreclosure filings dropped in April for the first time this year.

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