June California Foreclosure Report

ForeclosureRadar (www.foreclosureradar.com), the only website that tracks every California foreclosure and provides daily auction updates, issued its monthly California Foreclosure Report for June 2010.

Foreclosure activity was mixed in June after being down across the board in May. Filing of new foreclosure notices rose, while foreclosure sales dropped. The number of foreclosure sales that were cancelled hit an all time record in June, but the increase was primarily driven by just one lender JP Morgan Chase, and it’s acquisitions including Washington Mutual. Although the number of properties purchased by 3rd parties at auction dropped significantly, they purchased nearly the same percentage of the total properties sold, and at a better discount to market value then we’ve seen in months.

  Click HERE to Download the Full Report (406.6 KiB, 48 hits)

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Related posts:

1. July California Foreclosure Report
2. Contra Costa Foreclosure Report – November 2010
3. Brentwood CA Foreclosure List, June 2010