Ventura Couny Home Foreclosures filings notice of default (NOD) and notices of sale (NOS) have held relatively steady over the last 12 weeks. New filings have ranged from 130-90 per week over the last 12 weeks. NOS’s have seen a broader range with a low 82 the week of April 19th and high of 209 the week of June 19th.
A new trend had emerged which was unexpected. Filings that were canceled have dropped off dramatically the last few months. We expected to see this number increase as the new HAFA guidelines were implemented. The chart below illustrate the steep fall in cancellations over the last few months. [Read more…]