ForclosureRadar.com report is out today

ForclosureRadar.com report is out today it is a company based in Discovery Bay, that tracks every foreclosure in the California. San Joaquin county sits at number 4 for the rank of forclosures per population. 1 for every 734 people....

ForeclosureRadar.com released its June 2009 CA Foreclosure Report today. While foreclosures were generally trending upward, Notices of Trustee Sale unexpectedly dropped, apparently due to the new California Prevention Act that went into effect June 16th. Despite the majority of major lenders in the state receiving an exemption from the act, filings dropped by nearly 50 percent as soon as the act went into effect. Filings were climbing back toward previous levels by the end of June so we still expect the law to have little long term impact.

From www.centralvalleybusinesstimes.com:

In terms of foreclosure sales per population, counties in the Central Valley lead the state and make up six of the “top ten.”

They are:
• (1st) Merced County, 422 sales in June or one for every 605 residents
• (2nd) Stanislaus County, 748 sales or one per 702 residents
• (3rd) Yuba County, 99 sales or one for every 727 residents
• (4th) San Joaquin County, 934 sales or one for every 734 residents

Brian Barringer
912 West 11th Street
Tracy CA 95376
Primary: 209-613-8945 Secondary: 209-833-7777 Other: 800-894-7282
Brian@Tracyhomes.com
http://www.tracyhomes.com/