Not quite a full recovery, but the good news is that foreclosures are down 18 percent in Long Beach according to a Press Telegram article.
http://www.presstelegram.com/breakingnews/ci_21749912/california-home-foreclosure-starts-fall-18-percent
The real estate market is a bellweather of the larger economy. When it improves then it means that buyers and sellers are feeling confident that they will have the monies necessary to purchase a home.
For those still faced with foreclosure, there are a number of programs in place to assist.

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