The latest June foreclosure numbers show lower numbers than the same month last year.

RealtyTrac reports that the six counties of Southern California had 7,528 foreclosures, an eight percent decrease from foreclosure numbers during the same month last year.

Year-to-year foreclosure figures continue to dip for the region, but month-to-month numbers have risen three percent since this past May. Housing professionals have suggested that this increase is due to banks being more stringent on homeowners behind on mortgage payments. Banks want more homes on the market to take advantage of market price increases.

For Los Angeles County, one in every 3,026 homes entered foreclosure in June. Palmdale remains as the leading foreclosure area in the Valley, with a one in every 398 homes ratio. The Antelope Valley city of Lancaster held a similar high rate – one in every 403 homes. High foreclosure rates were also seen in Pacoima (one in every 528 homes), West Hills (one in every 576 homes), and Santa Clarita (one in every 585 homes).

Valley communities with the fewest foreclosures include Burbank (one in every 3,171 homes), Sherman Oaks (one in every 2,779 homes), and Studio City (one in every 1,394 homes).

Source: http://www.sfvbj.com/news/2014/jul/17/june-home-foreclosures-down/