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Mixed report on foreclosures, default notices

Foreclosures have risen in 2010 but the numbers of default notices have sharply declined in Sonoma County.

By | July 22nd, 2010|0 Comments

Another slow month for Bay Area home sales

Home sales dropped 3 percent from a year ago. The median price was unchanged but up almost 17 percent from June 2009.

By | July 15th, 2010|0 Comments

Fewer distressed home sales, but still plenty of pain ahead, real estate panel says

Sonoma County’s real estate market saw a significant drop in the number of foreclosed homes and short sales in June compared to a year ago. But a panel of real estate specialists Tuesday wasn't trumpeting a turnaround.

By | July 13th, 2010|0 Comments

Sonoma County delinquency rates remain at highest point in more than a year.

Nearly one of every 14 homeowners was more than 90 days behind on their mortgage payments in May.

By | July 7th, 2010|0 Comments

New Study: A look at strategic defaults

The Federal Reserve concludes homeowners don’t quickly walk away from underwater properties. Even so, one in five defaults in recent years was by those who could pay the mortgage but choose not to do so.

By | June 28th, 2010|1 Comment

Rates of delinquent mortgages continue to rise in Sonoma County

One in every 13 county homeowners was more than 90 days late on their mortgage payment in April.

By | June 3rd, 2010|0 Comments

Free Bay Area sessions for distressed homeowners to meet with mortgage lenders

Fourteen mortgage lenders and servicers will attend the free sessions in San Francisco and Oakland.

By | June 1st, 2010|2 Comments

Bay Area home sales reach second-lowest level in 15 years

April home sales were down slightly from a year earlier, but fell nearly 25 percent lower than the historic monthly average.

By | May 20th, 2010|0 Comments

Sonoma, Lake and Mendocino counties report a drop in default notices for residential properties

The region follows a statewide trend with fewer filings of default notices in April. But ForeclosureRadar reports the overall volume of homes awaiting foreclosure is little changed due to a lengthening of time that it takes lenders to foreclose on properties.

By | May 11th, 2010|0 Comments

Sonoma County posts highest foreclosure rates in more than a year

One out of every 15 county borrowers was delinquent on the home mortgage.

By | May 5th, 2010|0 Comments