Foreclosures Down in San Diego County?

Posted by on Feb 22, 2012 in Blog | 0 comments

It’s news we’ve all been waiting to hear: Foreclosures may be on the downturn.

ForeclosureYesterday’s article in the San Diego Union-Tribune reports some positive numbers for the San Diego housing market, including a 24.3% drop in foreclosures from January 2011 to January 2012.

While there has been a steady drop in foreclosures, they were actually up slightly from December 2011. But coupled with the positive jobs reports, new construction on the rise and financial markets showing growth, the foreclosure rates look to be a very positive turn for the fledgling real estate market.

Are you facing foreclosure, or have questions about purchasing one? Let Imagine San Diego help you navigate the current real estate market.

Email or call today: (619) 307-0507

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