notice of defaults decline in California for Dec

From foreclosure radar:

California <>
Notice of Default filings fell 16.7 percent month-over-month in California,
while Notice of Trustee filings rose 1.5 percent from November. Foreclosure
sales dropped slightly, with 0.7 percent fewer sales back to the bank and
8.2 perfect fewer purchased by third parties, typically investors. The time
it took investors to resell properties they purchased at auction rose 6.1
percent from November and is up 51.0 percent from a year earlier to 157 days
on average.
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Sunil Sethi / Broker, President, REALTOR, MBA / SUNIL SETHI REAL ESTATE
38750 Paseo Padre Pkwy Suite B3 / Fremont, CA 94536

CA DRE#: 01173766