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Big Bear Foreclosure Numbers – September 2009

Bank repossessions in Big Bear were up 9% in September though the overall foreclosure filings dropped significantly. The foreclosure filings in September 2009 (180) were down 18% from August 2009 (219).  Year over year, however, filings were up 122% from the September 2008 (81) numbers. Good news - we are seeing a slow down in the foreclosure numbers.  Bad news - the numbers are still too high to be overly excited about the market getting better. Foreclosure filings are made up of three parts - Notices of … [Read more...]