Foreclosure In California 2023
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How to fill out California Eviction In Foreclosure Package?
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States reporting the greatest number of foreclosures starts in the first half of 2023 included: California (14,217 foreclosure starts) Florida (13,837 foreclosure starts) Texas (13,419 foreclosure starts)
Ing to a recent report from ATTOM, the Riverside-San Bernardino-Ontario metro area in California has one of the highest foreclosure rates of any city in the country.
States with the highest foreclosure rates in Q3 2023 were New Jersey (one in every 595 housing units with a foreclosure filing); South Carolina (one in every 730); Delaware (one in every 739); Nevada (one in every 763); and Maryland (one in every 780).
California changed its law at the beginning of the 2023 to require that certain sellers of foreclosed properties containing one to four residential units only accept offers from eligible bidders during the first 30 days after a property is listed. Cal. Civ. Code § 2924p.
Data from ATTOM Data Solutions reveals a rise in home foreclosures, impacting top five states from January-June 2023: California: 14,217 properties. Florida: 13,837 properties. Texas: 13,419 properties.