Deschutes County says the number of defaults is substantially lower. Default filings in November were down about 44% over November 2010. That continues a seven-month trend of year-over-year declines. The Deschutes County Clerk's Office in November recorded 114 notices of default; 91 fewer than one year ago.
An article in the Bulletin says a notice of default is the legal document that begins the foreclosure process. Not all filings end in foreclosures.
