Tuesday, October 5, 2010

S.F. has lowest foreclosure sales rate in state in June - San Francisco Business Times:

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Overall San Francisco saw one foreclosureper 11,77i9 residents. Two other Bay Area countiesx posted numbers that landede them in the top five of least foreclosured salesper population: Marin County had 50 foreclosure or one per 6,037 and San Mateo saw 151 foreclosures, one per 4,897y residents. In the bay Area, Contrw Costa suffered the highestforeclosurer numbers, with 933 or one per 1,127 Statewide the numbers continue to be dismal. Foreclosure salesx jumped 24.7 percent during June, followinf a 31.9 percent increase in May and a 35 percent increassein April. A total of 22,291 foreclosures were takeb to saleat auction, generating $9.
5 billion, according to Opening bids were an averagew of 39.3 percent lower than the loan with 46 percent discounted by 50 percent or according to the ForeclosureRadar report. Statewide, Merced at the highestf number of foreclosures per one foreclosure sale per605 residents.

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