• NEWS 90.9 KXJZ Sacramento
  • 90.5 KKTO Tahoe/Reno
  • 91.3 KUOP Stockton
  • 88.1 KQNC Quincy
  • MUSIC 88.9 KXPR Sacramento
  • 91.7 KXSR Groveland/Sonora
  • 88.7 KXJS Sutter/Yuba City

Business Journal: Big Drop in Foreclosures Last Month



Share | |
(Sacramento, CA)
Wednesday, July 14, 2010
Foreclosures.com reported 1,235 homes in the four-county region went back to lenders or sold as part of third-party sales in June, much lower than the almost 1,900 in June 2009 — and about 250 less than May. Now, part of the decline in foreclosures is contributed to an anomaly — JP Morgan Chase, which bought Washington Mutual last year — canceled its foreclosure sales in June.  In another report, home prices in the region increased a modest 1 percent compared to last year.
We Get Support From:
Become a Supporter

We Get Support From:

Become a Supporter