Encinitas California Foreclosures, Bank Owned REO, Short Sale, and Homes for Sale
By Cody Haworth, Carlsbad Homes for Sale
(Four Seasons Properties)
Encinitas California Foreclosures, Bank Owned REO, Short Sale, and Homes for Sale June 29, 2009 Real Estate Silver lining or still too early to tell? Lets look at the numbers... May 2009 Foreclosure, REO, and Short Sale update. According to Foreclosure Radar (A service which tracks every single foreclosure daily in the state of California) in the month of April Foreclosure notices in the state of California saw a decline while foreclosure sales rose in the state of California. Sales at the actual foreclosure auction rose by 32 percent overall. According to estimates foreclosure sales sold to third party investors at an average of a 28% discount from estimated market value. Notices of default dropped by an estimated 4.2% from the record level set the prior month. Notices of Trustee sal...
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