San Francisco: 36% Drop in Foreclosures Year Over Year

San Francisco: 36% Drop in Foreclosures Year Over YearThe San Francisco housing market continues to recover, and in more ways than one. New research shows that foreclosure activity has dropped significantly across the Bay Area. This will support home prices and increase market stability going forward.

The Federal Reserve recently published a positive outlook for the San Francisco metropolitan-area housing market. Among other things, it predicted strong demand for homes into 2013. That’s good news for sellers.

Here’s more good news for homeowners in the area. Foreclosure filings are receding — and fast.

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Authored By Brandon Cornett – See the Full Story at the Home Buying Institute

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