There were 6 NODs (Notice of Default)filed in February this year as compared to 26 last year –
a dramatic decline as homeowners find themselves in a healthier equity position
with increasing home values. NOSs
(Notices of Sale) were up by one to 12.
Although foreclosure
inventories had been falling, last month saw a sudden spike in pre-foreclosure
(properties that have a NOD filed against them) inventory in Pleasanton. It appears there might be some mistake in the Foreclosure Radar data
shown below as according to the previous chart there was an increase of 6 NOD’s
filed in February. There were a total of 32 bank owned properties in Pleasanton
at February end and just 58 bank owned homes that will be put up for sale at
some stage.If you are interesting in buying or selling a home in Pleasanton please email me at anju@anju4homes.com
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