Are More Homeowners Facing Foreclosure in San Luis Obispo County?

By
Real Estate Agent with Sims & Company 01385503


       Are more homeowners facing foreclosure in San Luis Obispo (SLO) County?

       Between September 15, 2010 and to date, data from local tax records shows a decline in the number of notices-of-defaults (NODs) received by homeowners in SLO County.

The lowest number of NODs are received by homeowners in the city of San Luis Obispo.  Homeowners in the North coastal towns between San Simeon and Los Osos, and Five-Cities area registered a noticeable drop of 12.33% and 41.24% respectively. 

        On the contrary, the NODs filed on homeowners in North County, namely Atascadero, Templeton, Paso Robles, Shandon, Santa Margarita and Creston, rose by 6.47% to 461 in a 35-day period.

         As a whole, SLO County saw an overall decline of 18.34% which is encouraging news for homeowners in general and the community. 

        The above statistics reflect data culled from local tax records and foreclosure service from September 15, 2010 - October 19, 2010, and deemed accurate at time of report but not guaranteed. 

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If I can provide more information about Cayucos, or real estate in San Luis Obispo county and surrounding areas, the housing market, or assist you, friends or family in a home search or sale, please phone or text me at (805) 234-4315 or email me at Sherry@SherrySim.com or visit www.SherrySim.com and www.ShortSalesAndREOs.com.

Serving Cayucos, Cambria, Morro Bay, Los Osos, San Luis Obispo, Pismo Beach, Avila Beach, Shell Beach, Arroyo Grande, Atascadero.

 

All content ©Copyright by Sherry Sim2010. All rights reserved.

 

 

 

Comments (3)

Dan Edward Phillips
Dan Edward Phillips - Eureka, CA
Realtor and Broker/Owner

Good Morning Sherry, thanks for sharing the info on SLO, it is of interest here.

Oct 31, 2010 12:33 AM
Sherry Peckhoon Sim
Sims & Company - Cayucos, CA
Broker/Owner, Covering the Beautiful Central Coast

You're most welcome, Dan.

Oct 31, 2010 09:03 AM
Paul Gapski
Berkshire Hathaway / Prudential Ca Realty - El Cajon, CA
619-504-8999,#1 Resource SD Relo
 

yes they look so nice but Foreclosures are such tough on to stomach.

Sep 04, 2011 06:17 PM