OAKLAND, CA-Foreclosure activity declined considerably in July 2010 in the East Bay market when compared to that of July 2009. The number of owners who received a foreclosure-related notice in the Bay Area in July 2010 decreased by 35.1% from July 2009 but increased by 26.3% from June 2010.
About 1,467 foreclosed homes came under the control of banks in July 2010, a decrease of 11.5% compared to that of the same period last year. For the full story, go to The Oakland Tribune.
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