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Still Two Years of Housing Shadow Backlog

SOUTHERN CALIFORNIA, CA-The percentage of borrowers in pre-foreclosure has decreased since 2012; while the number of months delinquent has increased in 2013.

By Natalie Dolce | Updated on July 31, 2013

SOUTHERN CALIFORNIA, CA-Locally based YouWalkAway.com  has been monitoring foreclosures nationwide over the last five years. The company reports on housing market trends derived from their direct relationship with homeowners in foreclosure. 

Over the years, YouWalkAway.com has released data indicating the states with the highest percentage of customers in the initial stage of foreclosure. These homeowners are generally deemed to be in “pre-foreclosure” as they have defaulted on their mortgage but have yet to receive an official foreclosure notice. 

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