On the plus side, foreclosures dropped in California in October all across the board. While the state still reflects some of the highest rates in the country, signs that foreclosures may be decreasing or even plateauing are a welcome report.
As far as by what percent foreclosures in California fell, it is unknown. As the norm, there were some conflicting numbers reported by varying foreclosure data companies.
According to an article in HousingWire titled, “Foreclosures Drop in California, as Lenders Boost Workout Attempts,” foreclosures dropped by 39.1 percent from September to October. …

Foreclosure statistics have again sprung up across all media outlets. However, unlike recent trends, the headlines for California are claiming dramatic foreclosure declines. Imagine, in a time with economic strain taking precedence in the media, comes an article with a slight glimmer of hope? But is it based on fact?
According to reports from Foreclosure Radar, California foreclosure notices in September dropped significantly compared to rates in August. The statistic comes from one of several articles on the subject, this one titled, “State foreclosures fall dramatically.” The article quotes …

With August foreclosure figures trickling in to the media this month, more erroneous data reporting is represented throughout all media outlets. Foreclosure filings for August did increase but total foreclosures for the period varied depending on the source.
According to an article in the Los Angeles Biz Journal, “Foreclosure filings — default notices, auction sale notices and bank repossessions — were reported on 303,879 US properties during August.”  The article, published on September 12, 2008, titled “California has nation’s 2nd highest foreclosure rate in August,” continues by stating that while there …