Thursday, June 16, 2011

Bay Area foreclosure slowdown continues - San Jose Mercury News

Bay Area foreclosure slowdown continues - San Jose Mercury News: "'I think this definitely is evidence the lenders are not just foreclosing because someone is delinquent. They are considering other options,' such as short sales or loan modifications, he said. 'They are also considering if the market can absorb that foreclosure before they complete the process and put it on the market.'"