Good news for Santa Cruz Home Buyers looking for Foreclosures...
U.S. foreclosure filings fell 19 percent in January, compared to the same month a year ago, but will likely rise in the coming months, according to a report released Wednesday by RealtyTrac.
There were 210,941 foreclosure filings — default notices, scheduled auctions or bank reposessions — nationwide in January 2012, a 3 percent increase from December. California cities and Las Vegas continue to see a large number of foreclosures.
RealtyTrac, like many economists, predicts that the number of foreclosures will rise again now that the lawsuit against five major banks filed by state attorneys general over foreclosure fraud was settled last week.
If you're in the market for a foreclosed home Santa Cruz, please call me to help you negotiate the best deal in the best neighborhood. Susan Bolster-Grant (831) 247-9140.
Santa Cruz Home Buyers Foreclosures