Thursday, August 18, 2005

Foreclosures

Forclosure Activity in California declined in the second quarter of this year, according to the California Association of Realtors. The number of mortgage default notices declined 14.4% from the first quarter of this year. 12,408 homeowners received notices between April 1 and June 30, a decline of .9 percent when compared to the same period one year ago.

So, it seems there's no doom and gloom brewing here.

www.HopeGoss.com

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