Call Michael Thomas (619) 286-9400
  • Home
  • Short Sale FAQ’s
  • Taxation
  • Short Sale Approvals
  • News
  • Apply NOW
Home > San Diego Foreclosure

HOW TO GET A MORTGAGE AFTER A SHORT SALE

June 19, 2025 by mthomas

Quick Answer If you have a short sale in your credit history, you may need to wait two to four years before you can qualify for a new mortgage. In the meantime, you can rebuild your credit, have a steady income and save for a bigger down payment. If you sell your home through a short sale, you may have to satisfy a waiting period before qualifying for a new mortgage. The length of that Continue Reading

ZILLOW PREDICTS SAN DIEGO HOME VALUES WILL DROP

June 10, 2025 by mthomas

Index foresees slight decrease of 1.1% in the county by March Zillow has broken from the pack to say San Diego County home values could decrease over the next year. Home values in San Diego County will drop 1.1% by March 2026, Zillow said in its latest Home Value Index. While the decrease is small, it’s notable because no other major forecasters have said home prices, or values, would drop, Continue Reading

Foreclosure Filings Ease Nationwide in November 2024 Amid Seasonal Influences

December 27, 2024 by mthomas

ATTOM, a leading curator of land, property data, and real estate analytics, today released its November 2024 U.S. Foreclosure Market Report, which shows there were a total of 29,390 U.S. properties with foreclosure filings — default notices, scheduled auctions or bank repossessions – down 9 percent from a year ago, and down 5 percent from the prior month. “The slight decline Continue Reading

Foreclosure Starts Tick Upward In May

June 17, 2024 by mthomas

ATTOM’s May 2024 Foreclosure Market Report found that there were a total of 32,621 U.S. properties with foreclosure filings during the month—default notices, scheduled auctions, or bank repossessions—up 3% from April 2024, but down 7% from a year ago. “May’s foreclosure activity highlights nuanced shifts in the housing market,” said Rob Barber, CEO at ATTOM. “While we observed a Continue Reading

Foreclosure Starts Rose in October, but Remain at Historically Low Levels

December 1, 2023 by mthomas Leave a Comment

Intercontinental Exchange, Inc’s—better known as ICE—has again released its monthly report highlighting mortgage performance for the month of October 2023, which overall found that foreclosure starts rose by 33,000 during the month to their highest level in 18 months.  Serious delinquencies, or mortgages 90+ days past due, fell to 447,000, hitting numbers last seen during the Continue Reading

U.S. Foreclosure Filings Up 28% in Q3

October 17, 2023 by mthomas Leave a Comment

According to ATTOM’s Q3 2023 U.S. Foreclosure Market Report, there were a total of 124,539 U.S. properties with foreclosure filings—default notices, scheduled auctions or bank repossessions—up 28% from the previous quarter, and 34% from a year ago. The report also shows there were a total of 37,679 U.S. properties with foreclosure filings in September 2023, up 11% from the previous month, and up Continue Reading

Foreclosure Volume Expected to Rise Slightly to Close Out 2023

August 31, 2023 by mthomas Leave a Comment

Auction.com has released its 2023 Seller Insights Report which found that approximately 92% of default servicing industry leaders expect completed foreclosure volume to increase in 2023 compared to 2022, while 85% expect home prices to decline in 2023 compared to 2022. The 2023 Seller Insights Report also revealed that economic conditions will have the biggest impact on foreclosure volumes for Continue Reading

Serious Delinquencies Continue to Improve in May

June 26, 2023 by mthomas Leave a Comment

According to Black Knight, reversing much of April's calendar-driven spike, the national delinquency rate fell 11 basis points in May 2023 to 3.10%–the lowest reported total rate since March 2023's record low of 2.92% The number of borrowers who were a single payment past due improved by 94,000 (-9.5%), erasing nearly half of the prior month's increase. Serious delinquencies (loans 90 or Continue Reading

Foreclosure Starts and Completions Down From April

May 16, 2023 by mthomas Leave a Comment

ATTOM has released its April 2023 U.S. Foreclosure Market Report, showing a total of 32,977 U.S. properties with foreclosure filings — default notices, scheduled auctions or bank repossessions — were down 10% from last month but up 8% from a year ago. Illinois, Maryland, and New Jersey post highest foreclosure rates Nationwide one in every 4,234 housing units had a Continue Reading

Q1 Foreclosure Activity Trends Upward

April 21, 2023 by mthomas Leave a Comment

ATTOM’s Q1 2023 U.S. Foreclosure Market Report has found that a total of 95,712 U.S. properties had foreclosure filings during Q1 of 2023, up 6% from Q4 of 2022, and up 22% year-over-year. The report also shows a total of 36,617 U.S. properties with foreclosure filings in March 2023 alone, up 20% from February 2023’s totals, and up 10% from a year ago—the 23rd consecutive month with a Continue Reading

  • 1
  • 2
  • Next Page »

Categories

  • Market Reports
  • Real Estate News

Client Testimonials

"I cannot recommend Michael Thomas highly enough. A while back he helped us refi, and made that process easy and stress-free. Recently, he helped us sell... continued"
- Ted D.
View All

Short Sale Specialist

Apply Now For a Free Consultation
Apply Now

Michael Thomas

Michael Thomas is one of the leading real estate brokers in San Diego, California. He is endorsed by the National Association of Realtors as a Seller Representative Specialist, Accredited Buyer Representative, as well as Short Sale & Foreclosure Certified. As a lifelong resident of San Diego with a Master’s Degree in Business Administration, he’s uniquely qualified to help San Diegans achieve their real estate goals.

DRE# 01396530 NMLS# 349714

Meet Michael

California Lending & Realty

3940 Hancock Street, Suite 109
San Diego, CA 92110

(619) 286-9400
Contact Michael

Accessibility Notice  •  California Lending & Realty is a division of California Lending Company Inc.
CA DRE #01400067   •   NMLS #235745   •   sitemap   •   admin   •   ©2025 All Rights Reserved  •  Real Estate Website Design by IDXCentral.com