Foreclosures Plummet! but…

Foreclosures plummeted 33% nationwide from a year ago according to Irvine based RealtyTrac.  In Ventura County that number declined 18%.  Most economists believe this reflects a slower process from the banks rather than an easing of distressed sellers.  I personally find this rather difficult to believe.  Statewide, sales were down .9% from April.  Prices remain