April 2010 California & Shasta County Foreclosure Report

ForeclosureRadar.com just released its April 2010 California Foreclosure Report. Their report is statewide and broken down by county. Here are some of the stats from Shasta County. Notice of Defaults, the start of the foreclosure process, increased by only one notice. April 2010 had a total of 150 NOD’s filed compared to last month’s 149…. Read More

National Foreclosure Activity Slows For Third Straight Month

Nearly all market indicators point to positive signs that housing conditions are beginning to moderate from the free falling days of the past few years, and even foreclosure statistics now support that notion. The pace of foreclosures slowed again in October for the third month in a row, RealtyTrac reported Thursday.

Foreclosures Affecting Reddings Rental Market

In an article today on Redding.com they discuss how foreclosures are affecting the landlords and tenants is Redding’s rental market. The economy and Shasta County’s increasingly affordable housing market now are causing a downturn in the area’s rental market. Banners advertising space for rent or lease are plentiful along Redding’s Hilltop Drive as landlords… Read More

Fannie & Freddie To Help Renters Of Foreclosed Homes

Freddie Mac & Fannie Mae are preparing a plan that will allow renters who live in Bank repossessed properties to stay in their homes.

Foreclosures Increase by 5% Nationwide

RealtyTrac released its foreclosure report for the month of October. The report indicates foreclosure increased by 5% nationwide.

Shasta County Sees A Slight Increase In Foreclosure Filings For The Month Of October

Foreclosure filings in Shasta County increased 32% compared to the previous month. There were 78 notices of default filed with the Shasta County Recorder’s office in the month of October, compared to September’s low of 59.

September Foreclosure Filings Drop 71% in Shasta County

Foreclosure filings in Shasta County dropped significantly compared to the previous month. There were only 59 Notices of Default filed compared the previous months number of 206. When we compared this month last year we saw a 34% fewer filings. September 2007 there were 89 notices of default file and only 59 in September 2008…. Read More

RealtyTrac Reports Foreclosures Up In July

Foreclosure filings, default notices, auction sale notices and bank repossessions were reported on 272,171 U.S. properties during the month, an 8 percent increase from the previous month and a 55 percent increase from July 2007.

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