Initial filings fall 37.9 percent statewide; 28.3 percent in Central Valley • Fewer and fewer homeowners are underwater The number of California homeowners pushed into the foreclosure process fell in the fourth quarter of 2012 to the lowest level in six years, the result of rising home values, an improving economy and a shift toward short sales, says San Diego-based DataQuick, a real estate information unit of privately held Decision Insight Information Group of Milwaukee, Wis.
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