El Cerrito Real Estate For Sale | The East Bay Homes and Loans

Foreclosure Delays with El Cerrito Real Estate for Sale Reach New Records. Delinquent El Cerrito Real Estate owners are living in their homes longer, rent-free. Most of the El Cerrito owners with a loan in foreclosure haven?t made a payment, on average, for 20 months or 599 days?a new record for El Cerrito Real Estate. Of nearly all of the El Cerrito Real estate loans that are 90 or more days delinquent?but not yet in foreclosure?42 percent of the El Cerrito Real Estate home owners have not made a payment in more than a year, with an average delinquency of 397 days?another record. The slowdown in foreclosures was most evident in judicial foreclosure states. At the current rate of El Cerrito foreclosure sales, El Cerrito Real Estate for Sale would require 111 months to work through inventories of loans that are 90 or more days delinquent or in foreclosure. Here is some useful information and a video update on the story
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Source: http://theeastbayhomes.com/?p=3328

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