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Overall San Francisco saw one foreclosureper 11,7799 residents. Two other Bay Area counties posted numbers that landede them in the top five of least foreclosure salewper population: Marin County had 50 foreclosuree sales, or one per 6,037 residents; and San Mateo saw 151 one per 4,897 residents. In the bay Area, Contrqa Costa suffered the highestforeclosure numbers, with 933 or one per 1,127 Statewide the numbers continue to be dismal. Foreclosurew sales jumped 24.7 percent durintg June, following a 31.9 percengt increase in May and a 35 percengt increasein April. A total of 22,291 foreclosures were takebn to saleat auction, generating $9.5 billion, accordintg to ForeclosureRadar.
Opening bids were an averagw of 39.3 percent lower than the loan with 46 percent discounted by 50 percengtor more, according to the ForeclosureRadar Statewide, Merced at the highest numbed of foreclosures per population: one foreclosuree sale per 605 residents.
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