Foreclosures Drop Sharply in California
According to ForeclosureRadar statistics foreclosures have dropped sharply in California. We have now 53 percent fewer foreclosures. That is a significant drop for year over year.
Shean O'Tool stated, "Clearly we still have far too many homeowners in trouble, and with the recent Attorney General settlement over 'robo-signing' and other issues, it seems completely logical that a wave of foreclosures would follow. It won't."