Lowest Amount of Foreclosures Since the Great Recession

The rate of foreclosures goes down

foreclosureNow at the lowest point since the Great Recession, foreclosures in the San Diego County region were only at 121 properties last month (September 2014), reported by the San Diego Union-Tribune in their article here.

This is the fewest since the 109 homes that were foreclosed on by lenders in June of 2006.  The foreclosure peak was in July 2008, with 2,004 foreclosed homes.

Default notices were down as well in September, at only 398 — down from the 422 in August and the 466 in September 2014.

Read more about this real estate market news for San Diego County in the San Diego Union-Tribune’s article here.

If you’re facing a foreclosure on your home, give me a call. If I can help, I would appreciate the opportunity to be of assistance! (619) 890-3648

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