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Data shows decline in California foreclosures

While Sales Of Existing Homes Rise In July, Prices Continue To Fall

David McNew/Getty Images

Two vacant homes are for sale on August 25, 2008 in Moreno Valley, California.

Earlier we talked about the real-estate market coming back in Southern California neighborhoods like Compton. Now there's good news across the state in terms of foreclosures.

New RealtyTrac data show that the number of foreclosures declined again in February, after rising during the previous month. From Capitol Public Radio, Steve Milne has the latest numbers.
 


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