Home » January 21st, 2012 Entries posted on “January, 2012”

Palm Springs reported 13% drop in foreclosure filings

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Foreclosures were down 13% across the Coachella Valley in the last month of 2011 compared to the same month a year ago, the most recent report issued by RealtyTrac highlights. The total number was 984 mortgage default notices, bank repos and foreclosure auctions filed valley-wide in December, compared to 1,123 recorded in November. This was [...]

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Mortgage defaults on the rise in Coachella Valley

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Good times are past now, as the Coachella Valley housing market is facing another flood of foreclosures. The data published by Irvine-based real estate data provider, RealtyTrac shows that foreclosures are up 6% across the area in November, compared to the same period a year ago. This ends the seven sunny months of double-digit declines. [...]

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