Foreclosures down from last year

real estate marketAccording to DataQuick, in the San Diego Union Tribune’s article “Foreclosures stay low in San Diego”, foreclosures are down a significant amount from this time last year:

“Foreclosures and default notices in San Diego County didn’t change much from February to March, but are still down significantly from a year ago, real estate tracker DataQuick reported Tuesday.

“Last month, banks repossessed 142 homes in San Diego County, one more than they did in February. However, the March total was down from 249 a year earlier. Default notices, which trigger the 90-day foreclosure process, rose from 442 in February to 460 in March, but are still down 25 percent from March last year…”

Read more of this article on the San Diego Union Tribune here.

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