Los Angeles County Foreclosure Trends - June 2009
Los Angeles County has 100,801 foreclosure homes with an average foreclosed sales price of $331,163, according to RealtyTrac.com. Los Angeles had 4,395 new foreclosure homes in June 2009.
Los Angeles County Foreclosure Activity and Home Price Index
Los Angeles County foreclosure activity has been relatively steady monthly since ihe year high in March. Home appreciation has been unpredictable.
Los Angeles County foreclosure activity is based on the total number of properties that receive foreclosure filings - default notice, foreclosure auction notice or repossession notice - each month. Home price appreciation is based on month-over-month percentage change of the Home Price Index. The Home Price Index is calculated from home sales records.
Los Angeles County Foreclosure Geographical Comparison
Los Angeles County foreclosures are 0.37% above national statistics and 0.13% below California numbers.
Los Angeles County Foreclosure Activity by Month The high numbers of pre-foreclosures and auctions are an indication we will be seeing high foreclosure activity in the coming months.
Are you or someone you know behind on your mortgage payments and facing a foreclosure? You do have options. A short sale may be the answer to saving you, your family and your home. I am a Certified Distressed Property Expert (CDPE). Give me a call for a private consultation.
