
During June in Alameda County, 735 homeowners received a notice of default, a 51.6 percent decrease from a year ago and a 5.8 percent decrease from May. Another 385 homes became bank-owned properties, a 44 percent decline from a year ago and a 26.2 percent decrease from May.
Foreclosure activity in the East Bay declined from a year ago, with fewer homeowners receiving notices of default and fewer homes having banks take ownership.
