Marin County foreclosures dropped 25% in the fourth quarter of 2011, compared to a year prior. The numbers made public by DataQuick tracking firm from San Diego show that during the 98 day period 96 Marin County properties were foreclosed on, 33 properties less than the 129 recorded in the fourth quarter of 2010. Other [...]
The San Francisco Bay Area has joined the line of the states with dropping foreclosure filings. Although the reason behind the drop can be the holiday foreclosure seizure, it is still encouraging. RealtyTrac released its monthly report and annual look-back recently, covering the nine-county Bay Area housing market. According to the press release, RealtyTrac believes [...]
A Fremont woman convicted of a foreclosure scam that targeted immigrant homeowners was sentenced to 5 years in prison Wednesday, Kamala Harris, California State Attorney General said. The name of the woman is Angeline Lisa Lizzarango, she is 69 years old and she was convicted of felony fraud and theft in connection with 11 scams [...]
October brought thousands of delinquency notes in the Bay Area, as lenders found their way through a backlog of distressed mortgages that began building a year ago, at least according to RealtyTrac’s latest report. “We are definitely seeing signs that lenders are ramping back up,” said Daren Blomquist, of RealtyTrac. “Delinquency notices are sent to [...]
Napa County recorded 263 notices of default the third quarter, compared to 222 in the same period the year prior, according to DataQuick’s recent report. The 18.5% jump makes the highest percentage increase in the nine Bay Area counties. On the other side, the number of Napa County homes or condos completing foreclosure dropped 13%, from 131 [...]
Solano County records the nation’s second-highest foreclosure rate in the third quarter, a recent report issued by RealtyTrac reveals. Moreover, the are has been in the top three for foreclosures for about five years now, the research company experts say. However, the most recent report shows California cities ranking 15 of the top 25 metro-area [...]
Silicon Valley has recorded a significant increase in home foreclosure postings in July to August, a sign that banks resume their foreclosure proceedings. However, this will be confirmed if the upcoming monthly statistics will show the same trend in foreclosures. In Santa Clara County, 742 homeowners received a notice of default, a 25% rise from [...]
August was the month of positive numbers when it comes to home sales, as the statistics show a 9.1% rise. However, the jump in home sales doesn’t necessary mean that home prices will go up too, as DataQuick’s recent report highlights. According to the DataQuick report the nine-county Bay Area totaled 7,513 new and resale [...]
The case of Jack and Donna Pfister pictures what is happening these days in the Bay Area housing market. The couple got good news about their bid topping all others on a foreclosure in Vacaville, so they started making preparations for moving in. But several days after the good news, the were told the bank [...]
One of the priciest foreclosures in the country is located in Laguna Beach and it is available for an astonishing price of $18 million. This includes a nearly $2 million discount, and it is located at 31401 Mar Vista Avenue. The luxury real estate has 4 bedrooms, 4 bathrooms, 11,333 square-feet of living space and [...]
