My colleague Nathan Halverson reports in today’s Press Democrat that foreclosures are up this year but the numbers of default notices have sharply declined in Sonoma County.
For the first six months of the year, lenders seized nearly 1,000 in the county, up about 10 percent from a year ago.
But notices of default declined about 30 percent to 1,858, according to MDA DataQuick of San Diego.
Real estate agents who specialize in distressed properties remain wary that the market is about to recover.
Read the full story.
– Robert Digitale