San Clemente CA Foreclosure Trends - January 2012

Posted by Hartanov Team on Friday, February 24th, 2012 at 7:10am.

January 2012 statistics show San Clemente CA had 391 foreclosure homes with an average foreclosure sales price of $525,614 vs. an average sales price of $722,375, a $196,761 savings according to RealtyTrac.com.


1 in every 302 housing units received a foreclosure filing in January. 

San Clemente CA Foreclosure Activity and 30-Year Interest Rate

There were 46 new foreclosures in the 92673 zip code and 40 new foreclosures in 92672, for a total of 86 new foreclosures in San Clemente CA. Interest rates dropped to 3.92%.

Orange County CA foreclosure activity is based on total number of properties that receive foreclosure filings…default notice, foreclosure auction notice or bank repossession…each month. Interest rate is based on average 30-year fixed rate from Freddie Mac’s Primary Mortgage Market Survey.

San Clemente CA Foreclosure Geographical Comparison

The San Clemente CA foreclosure rate was 0.17% above national rates, 0.05% lower than California rates, and 0.00% above Orange County rates in January.

San Clemente CA Foreclosures By Month

The number of bank-owned homes rose from 8 homes in December to 16 in January 2012. Pre-foreclosure activity increased from 27 homes in December to 30 homes in January. The number of auctions increases from 38 to 40. There is a six month falling trend.

 

Get Short Sale Help and Assistance

Are you or someone you know behind on mortgage payments and facing a foreclosure? You do have options. A short sale may be the answer to prevent going to foreclosure. Visit GetShortSaleHelp.com and give us a call at 949.481.3739 for a private consultation on how we may help you through the short sale process.
 

The Hartanov Team is a Professional, Experienced and Results Oriented Team committed to meeting your needs. We use the latest technology to dramatically improve the speed, efficiency and innovative capabilities of every part of the service we deliver. We specialize in offering a new level of service helping people buy and/or sell Orange County area homes, condos, investment properties and 1031 exchanges, including relocation assistance for buyers who are becoming new residents of the beautiful ocean front region of Orange County. Our office is located at 209 Avenida Del Mar, Suite 207, San Clemente, Ca 92672.
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