Foreclosure activity in Fresno County and across California inched up in October compared to September, but remains at or below pre-housing crisis levels, according to PropertyRadar’s monthly foreclosure report.
In Fresno, 229 notices of default – the first step in the foreclosure process – were filed last month compared to 202 in September.
The notices of sales, which set the time of an auction, increased slightly to 207 from 204.
About 104 foreclosure sales were cancelled in October, compared to 91 in September, because a homeowner may have had a successful loan modification or short sale, or there was a filing error.
Only 43 properties were sold to a third party or investor, one more than the month before. That’s a nearly 60% decrease from last year at the same time.