Foreclosure filings for Big Bear dropped in October 2010, down 17% when compared to September, a sizable chunk which continues the zig-zag movement of the Big Bear foreclosure market over the past year. Year over year, foreclosure filings were down 33% from the October 2009 numbers, the tenth straight month that foreclosure filings were down year over year. Foreclosure filings are made up of three parts - Notices of Default (NOD), a recorded document that starts the foreclosure process, which is normally filed … [Read more...]
Big Bear Foreclosure Numbers – June 2010
Foreclosure filings in Big Bear rose in June 2010, up 25% when compared to May, continuing the zig-zag uncertainty of the Big Bear foreclosure market. Year over year, foreclosure filings were down 12% from the June 2009 numbers, the sixth straight month that foreclosure filings were down year over year. Notices of sale saw a big spike while notices of default were up modestly. The number of properties going back to the bank in June was the lowest we've seen since February 2009. Keep in mind, foreclosure filings … [Read more...]
Big Bear Foreclosure Numbers – January 2010
Foreclosure filings in Big Bear were down 14% in January 2010 when compared to December 2009. Year over year, foreclosure filings were down 7% from the January 2009 numbers. This is kinda big news as it is the first time in more than a year that I can recall the overall foreclosure filings down year over year. A sign of things getting better? I don't think so. Keep in mind, foreclosure filings are made up of three parts - Notices of Default (NOD), a recorded document that starts the foreclosure process, which … [Read more...]