Notice of Defaults, the start of the foreclosure process, increased by 9%. February 2010 had a total of 142 NOD’s filed compared to last month’s 130.
The number of homes in Shasta County that had a Notice of Trustee’s sale filed, increased by 21% from last month’s 98 to 119 this month.
There were a total of 84 trustee’s sales with the bank taking back 81 homes as REO’s and only 3 homes sold to a 3rd party investor.
Download the full report at Foreclosure Radars website.