Homes in Ruby Hill

Thursday, August 11, 2011

Foreclosures in Pleasanton

Foreclosures in Pleasanton:

NODs (notice of default) were down by over 35% in June as compared to the previous year and about the same as the previous month. NOS’s (notice of sale) were down by over 41% from the previous year. The highest number of NOS’s were issued to properties priced over $1 million.

With declining NODs, the pre-foreclosure inventory has fallen by over 63% as compared to the previous year –to a total of 89 homes vs. 241 last year. Homes scheduled for sale were up slightly in June (properties that have had a Notice of Trustee Sale filed, but have not yet been sold or had the sale cancelled). Bank owned inventory declined by just over 1 % as compared to last year at the same time.

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