Santa Clarita Foreclosure Activity First Quarter 2009

Foreclosure activity remains relatively low for the Santa Clarita Valley area.

Foreclosure auctions in Santa Clarita remain relatively low compared to much of the Los Angeles area for the first quarter of 2009. Canyon Country continues to have the most foreclosure activity, with 130 foreclosures in zip codes 91351 and 91387 combined.

Santa Clarita Foreclosure Map First Quarter 2009

Of the 265 zip codes within the Los Angeles area, Santa Clarita ranks as high as 34 and as low as 151 for total foreclosure activity within a single zip code, with Canyon Country’s zip 91351 being the highest and Stevenson Ranch and Westridge zip code 91381 being the lowest. 

With various incentives and moratoriums being issued at both the federal and state level, it is unclear whether this decline in forecosure activity will continue, or if we’ll see a surge in foreclosure activity now that the federal stimulus package is in place. It seems that banks are getting more proactive in granting loan modifications in recent months, so hopefully more homeowners will be staying in their homes than in prior months. Short sale activity also remains high, with homeowners choosing to sell prior to the foreclosure auction in order to have less of an impact on their credit.

Foreclosure data and map courtesy of PropertyShark. All data is deemed to be reliable, but is not guaranteed.