HomeIsPalosVerdes.com California Foreclosure Report 12/13/2011

Foreclosure Sales Slow for the Holidays, While Lenders Prepare for 2012

It is not unusual to see foreclosures slow for the holidays, and the this year is no exception. Foreclosure starts were up slightly in Nevada and Washington, but the increases were insignificant given the recent declines in those states due to legislative changes and legal challenges. Foreclosure Sales rose only in Arizona, but that increase simply offset the drop seen in October and is still well below average monthly sales for the year there.

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