Support for LAist comes from
Become a sponsor
Audience-funded nonprofit news
Donate
Stay Connected

LAist is part of Southern California Public Radio, a member-supported public media network.

Audience-funded nonprofit news
Listen
Donate
Podcasts Take Two
Data shows decline in California foreclosures
solid orange rectangular banner
()
Take Two Logo
Mar 13, 2014
Listen • 1:13
Data shows decline in California foreclosures
Earlier we talked about the real-estate market coming back in Southern California neighborhoods like Compton. Now there's good news across the state in terms of foreclosures.
History suggests there will be four more years of price increases and prices will go up another thirty-five percent before there is any sort of correction, according to the latest UCLA Anderson Forecast.
Two vacant homes are for sale on August 25, 2008 in Moreno Valley, California.
(
David McNew/Getty Images
)

Earlier we talked about the real-estate market coming back in Southern California neighborhoods like Compton. Now there's good news across the state in terms of foreclosures.

Earlier we talked about the real-estate market coming back in Southern California neighborhoods like Compton. Now there's good news across the state in terms of foreclosures.

New RealtyTrac data show that the number of foreclosures declined again in February, after rising during the previous month. From Capitol Public Radio, Steve Milne has the latest numbers.