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A certain foreclosure-subscription company is always rattling their sabre about any uptick in notices.  The headline for this article is: Early Stage Foreclosure Filings up Nationwide and in Most States:

http://www.mortgagenewsdaily.com/12102014_realtytrac_foreclosures.asp

But with the banks engrossed with loan-modding anyone who can fog a mirror, the only thing that matters is how many actual foreclosures are being completed.  Buried deep in the article:

The dip in total filings was due to a 10 percent reduction in bank repossessions or completed foreclosures compared to October.  A total of 25,249 properties were taken into bank inventories or REO, down 17 percent from November 2013.

It was the 24th consecutive month in which completed foreclosures were lower on a year-over-year basis.

The national count of completed foreclosures has been dropping for two years straight!  Bill showed how delinquencies have been tapering off too:

Regardless of how it happened, it looks like a soft landing that will last – at least as long as rates are ultra-low.

Here is how the local San Diego County numbers look:

San Diego County Filings
San Diego County Trustee-Sale Results
SD County Defaults by Est. Value
Days to Foreclose and Resell - SD County

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