Tuesday, May 12, 2009

California Foreclosures for April 2009

ForeclosureRadar came out with their April 2009 California Foreclosure report. Notice of Defaults (NOD) are down from the previous month but still hovering near all time highs. Notice of Trustee (NTS) sales haven't reached their previous highs but there is at least a 90 day lag between NOD filing and NTS filing. And the statewide trend matched the
local trend for Los Angeles and Ventura County for trustee sales, a muted month over month increase in trustee sales. I will have the mid-month numbers this Friday so you can see how sales are doing so far as we move through May.

Note: I have added a foreclosure research link to the site, see

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