Los Angeles Business Journal

Home Foreclosures Continue Decline in State

Thursday, October 25, 2012

California cities continue to see substantial year-over-year declines in foreclosure activity. San Francisco, Los Angeles and San Diego saw their foreclosures plummet, by 36, 29 and 26 percent, respectively. But as Southern California Public Radio reports, the foreclosure crisis hit California so hard that many other cities have a long way to go before the situation normalizes.