Published: Oct. 26, 2012
The foreclosure crisis continues to ease in the Sacramento region. In August, lenders foreclosed on 2.23 percent of mortgages, market tracker CoreLogic reports. That's down from 2.85 percent in August 2011.
Sacramento's foreclosure rate – once among the highest in the nation – is now below the national rate of 3.35 percent.
Read more here: http://www.sacbee.com/2012/10/26/4940124/foreclosure-trouble-declines-in.html#storylink=cpy
This is also slowly starting to happen across the state of California and across the country. It appears that the worst for the real estate market is in the rear view mirror. There will still be bumps and bruises along the way but more and more reports are showing a slow improvement in all aspects of residential real estate.
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