on Saturday, June 30th, 2012 at 12:39am.
May 2012 statistics show San Clemente CA had 404 foreclosure homes with an average foreclosure sales price of $489,833 vs. an average sales price of $610,568, a $120,735 savings according to RealtyTrac.com.
1 in every 351 housing units received a foreclosure filing in May.
San Clemente CA Foreclosure Activity and 30-Year Interest Rate
There were 44 new foreclosures in the 92673 zip code and 30 new foreclosures in 92672, for a total of 74 new foreclosures in San Clemente CA in May 2012. Interest rates dropped to 3.80%.
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 was0.14% above national rates, 0.02% lower than California rates, and 0.06% above Orange County rates in May.
San Clemente CA Foreclosures By Month
The number of bank-owned homes increased from 8 homes in April to 9 in May 2012. Pre-foreclosure activity remained at 43 homes. The number of auctions went from 20 to 22. 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.