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Sales of Foreclosed Homes Rebound in October

RIVERSIDE - Foreclosure sales in Riverside County picked up last month, dovetailing with a statewide trend, a real estate tracking firm reported today.

Bay Area-based ForeclosureRadar.com's monthly ''Foreclosure Report'' showed a total 1,020 repossessed properties were sold countywide in October, compared to 864 in September, about an 18 percent increase.

The county's foreclosure sales, however, were down 22 percent from a year ago, when 1,311 homes were auctioned off, figures showed.

In California, sales of distressed properties rose 9 percent in October but were down 28 percent compared to t...

 

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