FORECLOSURE SALES JUMP BY 21 PERCENT
Despite incease sales are still well below record levels

Discovery Bay, CA, November 12, 2009 - ForeclosureRadar (http://www.foreclosureradar.com/), the only website that tracks every California foreclosure and provides daily auction updates, issued its monthly California Foreclosure Report for October 2009. After 3 months of consecutive declines the number of foreclosure sales taken back by banks rose by 22.24 percent from September and 20.95 percent from October 2008. Despite these dramatic increases, the number of foreclosures taken back by banks remains 42.56 percent below the peak reached in July 2008, from which time the inventory of scheduled foreclosures has grown by 131.36 percent.

Click here to download the full report

Fore specific information about foreclosure opportunities in Monterey County, visit our website, http://www.montereypeninsulahometeam.com/ .