Home » November 26th, 2011 Entries posted on “November, 2011”

Home sales up in Coachella Valley

Coachella Valley home sales were up nearly 2% last month, compared to the same period a year ago, according to DataQuick’s recent report. About 735 homes sold in Coachella Valley in October, with Indio, Palm Desert and Rancho Mirage leading the list. On the other hand, Riverside County recorded a 7.3% drop in home sales [...]

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Foreclosure activity down across the Coachella Valley

Coachella Valley foreclosures dropped nearly 32% in October compared with October 2010, marking the seventh straight month of double-digit declines. The numbers tracked by RealtyTrac show a total of 1,076 mortgage default notices, bank repossessions and foreclosure auctions filed in October. This number is down from 1,571 in October 2010. But there are signs the [...]

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Riverside foreclosures are up

Riverside County foreclosures were up last month, but remained below levels of a year ago, according to RealtyTrac’s recent report. The report highlights the numbers: 4,949 mortgage default notices, auction sale notices and bank repossessions recorded in October, which means 1 in 157 households in some stage of foreclosure. Foreclosure filings increased 1.52% from September, [...]

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Glory to God Ministries foreclosure proceedings stopped by Riverside County Superior Court Judge

Riverside County Superior Court Judge Harold W. Hopp declined to order foreclosure proceedings against Cathedral City church that previously failed to pay $1.6 million to settle a lawsuit filed by contractors that renovated the sanctuary. There was a hearing on Aug. 22 when Glory to God Ministries agreed to pay the amount by the end [...]

Posted in Commercial,Foreclosures | Read More »