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Latest foreclosure statistics

Posted by kawika_CA on March 31, 2006 at 6:51 AM

I download the county recorders database everyday and I noticed that it's about to get ugly in San Diego County.

The March foreclosure numbers are on a record pace. Recorded Notice of Defaults (NOD), Notice of Trustee Sale (NTS), and Trustees Deeds from 3/1/06 through 3/28/06 are at 649, 211, and 86 respectively.

If the number of NODs surpasses 655 it will be the highest number in a month since April 1998. At the average rate of 32 per business day and 3 more recording days left to post, that seems likely.


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