In their monthly report for January 2013, www.Foreclosureradar.com
has reported that the number of new foreclosure notices that were filed
in Placer County was down 48%% in January when compared to December, and was down 73 % compared to January 2012.
The inventory of level of homes currently owned by banks was down 2%
in January compared to December, but was down over 39% compared to January of last
year.
The number of homes that were sold at foreclosure auction in January was up 27% compared to December, but was down 54% compared to January of last
year.
Investors purchased 34 of the 93 homes that were sold at foreclosure auction, while banks took possession of the remaining 59.
Overall, new foreclosure filings have plummeted, while the number of
homes actually foreclosed on increased compared to December, but is way down compared to last year. The inventory of
homes in the banks possession continues to decline as well.
Placer County Foreclosure Filings for January 2013:
|
New Notice of Default |
New Notice of Trustee Sale |
Total New Foreclosure Filings |
January 2013 |
58 |
99 |
157 |
December 2012
|
134 |
167 |
301 |
January 2012
|
233 |
276 |
509
|
|
|
|
|
|
|
|
|
|
Back to Bank |
Sold to 3rd Party |
Total Foreclosed During Month |
January 2013 |
49 |
34 |
93 |
December 2012 |
45 |
28 |
73 |
January 2012 |
147 |
53 |
200 |
|
|
|
|
|
|
|
|
|
Total Preforclosure |
Total Notice of Sale |
Bank Owned Inventory |
January 2013
|
575 |
495 |
726 |
December 2012
|
726 |
654 |
741 |
January 2012 |
1013 |
1048 |
1191 |