SAN DIEGO (CNS) - The number of San Diego County homes slipping toward foreclosure dropped by 14 percent in the third quarter of the year, compared to the same period in 2010, a real estate information service reported Tuesday.
Lenders sent default notices to 5,048 homeowners in San Diego County in the third quarter, down from last year's third-quarter total of 5,869, according to La Jolla-based MDA DataQuick.
Statewide, default notices were sent to 71,275 homeowners in the third quarter of the year, DataQuick reported. That was a 25.9 percent jump from the previous quarter's 56,633 notices but down 14.4 percent from the third quarter in 2010, when 83,261 default notices were sent.
"The way it looks right now, it's reasonable to expect default filings to run at a somewhat higher level than we saw earlier this year," said John Walsh, MDA DataQuick president. "Obviously, some lenders and loan servicers have begun to plow through their backlogs of delinquent loans more aggressively."
Default notices do not always lead to a home foreclosure, according to DataQuick. Some homeowners emerge from the foreclosure process by bringing their payments current, refinancing or selling the home.
A red flag warning will be in effect from 3 a.m. to 10 p.m. Friday for San Diego County mountains and inland valleys as Santa Ana winds make a return to the region – combining low humidity levels and warm temperatures to create the potential for dangerous, wind-driven wildfires.
Warm and dry conditions are expected to last through Saturday. Gusty northeast winds in the mountains and valleys are expected to increase the risk of fire danger in the region.
The Marine Corps Recruit Depot San Diego on released a ceremonial gunfire noise advisory for Friday, October 19th, from 10 a.m. to 11 a.m.
Strong and gusty Santa Ana winds, low humidity and warm temperatures prompted the National Weather Service to issue a red flag fire warning Friday denoting a strong risk of wildfire in San Diego County.
Inmates at Las Colinas Detention and Re-Entry Facility in Santee are getting their hands dirty as part of the Fresh Start Farms program – which helps women learn valuable job skills before they are released.
Have you ever moved to a new city and had trouble meeting friends, or maybe, you just wanted to make new ones?
A man who allegedly murdered the proprietor of an East Village flooring-materials store at the victim's downtown business while wearing a Halloween-style old-lady mask is in custody, facing charges of murder and robbery. San Diego police reported Thursday.
An unidentified man sneaked into an East County home early Thursday and sexually assaulted a 7-year-old girl, authorities reported.