September California Foreclosure Report
November 8th, 2009 // Categorized under: 4S Ranch, bank owned, Brookside Escondido, Escondido, Foreclosures & Short Sales, Poway, Rancho Bernardo, Rancho Penasquitos, San Diego, Search Foreclosures, Search San Diego Foreclosures
Courtesty of our friends at Foreclosure Radar, read the September California Foreclosure report below. Forclosure Radar is the preimmenent source of forclosure data in the industry.
September California Foreclosure Report
NO SHADOW INVENTORY OF BANK OWNED HOMES
Foreclosure Investors Still Finding Discounts at Trustee Sale
Discovery Bay, CA, October 13, 2009 – ForeclosureRadar (www.foreclosureradar.com), the only website that tracks every California foreclosure and provides daily auction updates, issued its monthly California Foreclosure Report for September 2009. This month’s report features not only a new look, but an important new statistic – Bank Owned (REO) Inventory. By looking at the number of foreclosures the banks have taken back and subtracting those that have since resold, we are able to show the number of foreclosures the banks have held as inventory over time.
September+2009+CA+Foreclosure+Report
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