PropertyRadar’s California Property Report for April 2013 shows property sales continued their 12.9 percent year-over-year contraction, driven largely by a 39.4 percent decline in distressed property sales. The report credits the fall in distressed sales in part to reduced foreclosure activity as a result of 2012’s California Homeowner Bill of Rights and new foreclosure prevention guidelines issued by the Office of the Comptroller. Cash sales continued to be 29.3 percent of the market, a steep increase over numbers in the range of 6.2 to 8.4 percent seen in 2001-2007.