The amount of properties being foreclosed is still lower than the last two summers:

Jun-Aug Back-to-Bene 3rd-Party Buys Total # of SD properties foreclosed
2008
5,685
186
5,871
2009
3,284
916
4,200
2010
2,211
901
3,112

But at least the recent trend is heading in the right direction – fewer trustee-sale cancellations:

San Diego County Trustee-Sale Results, Weekly

Will servicers consider that selling more properties when rates are 4.25% might be a good idea?

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Jim the Realtor
Jim is a long-time local realtor who comments daily here on his blog, bubbleinfo.com which began in September, 2005. Stick around!

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