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Danville, San Ramon Foreclosure Update
Are foreclosures still affecting home values? Amidst the recent headlines: Strongest Home Sales in 6 Years - Foreclosures Down - Multiple Offers - Low Housing Inventory... we ask, "Are foreclosures still a factor in today's local real estate markets like Danville & San Ramon, California?"
In the Greater Bay Area, home sales this August were at their strongest level since 2006. Distressed property sales accounted for 33.8% of Bay Area home sales - down from 43.8% a year ago. Investors purchased about 23% of the homes sold in August.<!--more-->
Foreclosure trends in Danville & San Ramon, CA, as well as the neighboring communities: Alamo - Notices of Default down 57% - Notices of Sale down 84.6% - Foreclosure Inventory down 50% from August 2011 - Winning foreclosure bid up 20% Danville - Notices of Default down 47% - Notices of Sale down 37% - Foreclosure Inventory down 25% from August 2011 - Winning foreclosure bid up 31% Dublin - Notices of Default down 80% - Notices of Sale down 8.7% - Foreclosure Inventory down 29.8% from August 2011 - Winning foreclosure bid up 29% Pleasanton - Notices of Default down 71% - Notices of Sale down 34.8% - Foreclosure Inventory down ... more

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