Palmdale Foreclosures through April 2011
Foreclosures filings in Palmdale, CA including Notices of Default and Notices of Sale are trending downward and hopefully, this will alleviate some of the stress that compels many of my clients to file bankruptcy in Palmdale. Notice of Default filings were down 30.49% (223 to 155) from the prior month and 38.00% from the prior year (250 to 155). Notice of Sale filing were down marginally for the month of April, but a significant 29.29% year-over-year (338 to 239).
Interestingly, the time to foreclose in Palmdale has been gradually increasing and now sits at 347 days on average which is an increase of 18.43% from the prior year.
In general, it seems things are getting better in Palmdale and other areas in the Antelope Valley although slower than we would all like.