March data indicates California's foreclosure crisis is accelerating and suggests that the normalization of the state's real estate market is still far from complete.

Statewide foreclosure rates declined in February, even on a daily average basis. Foreclosure sales at auction declined 15 percent to 16,931 sales with a combined loan value of $6.85 Billion.

The number of properties sold at foreclosure auction jumped by 55 percent in January to a total of 19,821, with a combined loan value of $8.06 Billion. Compared to the same period one year ago, this represents a staggering 454 percent increase.

The number of NOD in December was 32,948 compared to 22,665 in November. December auction sales increased by 4.1 percent from November, to a total of 12,783 properties with a loan value of $5.18 Billion dollars. Additionally, a total of 9,001 properties have been sold at auction in just the first eight business days of January, with daily average sales 76 percent higher than in December.

ForeclosureRadar™, the only web site that tracks every California foreclosure with daily updates on foreclosure auctions, issued its monthly California Foreclosure Report today which showed a total of 12,282 properties with a loan value of $4.91 Billion dollars sold at auction in November. This was a 432 percent increase over the same period in 2006, and a slight reduction compared to October which had a total of 12,336 with a value of $4.968 Billion dollars.

ForeclosureRadar™, the only web site that tracks every California foreclosure with daily updates on foreclosure auctions, issued its monthly California Foreclosure Report today which showed October foreclosure sales increased by 40 percent from September.

ForeclosureRadar™, the only web site that tracks every California foreclosure with daily updates on foreclosure auctions, issued its monthly California Foreclosure Report today which showed increased foreclosure activity in September in spite of the story the numbers tell.

ForeclosureRadar™ California's premier source for real-time distressed property investment data, issued its August 2007 CA foreclosure report showing that a total of 9,477 properties - with a total loan value of $3.86 Billion dollars - were sold at auction statewide, marking a 10.4 percent increase over July's total foreclosure sales.

ForeclosureRadar™ today released its July, 2007 California Foreclosure Report, showing a total of 8,716 homes sold at auction in July with a loan value of $3.5 Billion dollars, a 24.6 percent increase over June.

ForeclosureRadar™ today released its June 2007 California Foreclosure Report. This unique monthly report includes previously unavailable auction sales data providing a far more timely and accurate picture of California's foreclosure marketplace.

ForeclosureRadar, a foreclosure listings and software company, today announced that 5,316 California foreclosures were sold at auction in March reaching nearly $2 Billion in total loan value. This represents a 27% increase from February and a 264% increase in the last 6 month. Of those sold in March 4,796 went back to the lender after receiving no bids, totaling $1.82 Billion, and underscoring the growing subprime lender collapse.

ForeclosureRadar™, a startup company with unique insight into the foreclosure marketplace, today announced that foreclosure statistics widely being reported in the media grossly understate actual foreclosure sales activity. The company is the only foreclosure listing service that currently tracks every foreclosure auction in California daily, giving them unprecedented visibility into foreclosure trends on a statewide basis.