Although the total number of foreclosed houses in California, including multi family homes for sale, declined in August 2010 compared with a year ago, state foreclosure rates remain high.
Sheriff Sale homes and foreclosure numbers dropped in several metro areas of California in 2010. However, foreclosure rates in other U.S. metros jumped higher.
Residential sales, including those offered at a Sheriff auction, declined in several areas of California during October 2010, marking the lowest sales figures for the month since 2007.
A legislative bill designed to help owners of distressed properties for sale and homeowners facing foreclosure in California has failed to pass the state Assembly after a 36-30 vote.
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