Discovery Bay, CA, July 10, 2007 - 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 is the first statewide foreclosure information service to track each and every foreclosure auction throughout the state on a daily basis. Other foreclosure listing services rely primarily on documents recorded at the county which delays the reporting of actual foreclosure sales trends by weeks or even months.

A total of 6,960 homes were sold at auction in June with a loan value of $2.83 Billion dollars in California. Riverside County had the highest number of foreclosure sales at 1,093 properties and $523M in loan value. Los Angeles County was second in terms of volume, but after adjusting for population, ranked 34th in the State. Yuba, Sacramento and San Joaquin Counties ranked 2nd, 3rd and 4th highest respectively with Marin County having the lowest foreclosure rate in California. Foreclosures now represent 16% of all new and resale home sales in the state.

According to ForeclosureRadar founder Sean O'Toole, "Lenders are building a significant REO inventory. Since January 1, 2007, a total of 29,696 California properties have been returned to the lender for an astonishing total loan value of $12 Billion dollars. This is unprecedented." In June alone 6,552 properties were returned to the lender for a total of $2.69 Billion dollars.

California Foreclosure Statistics By County
Rank	County	NDF	NTS	Sales	Population Per Sale
1	RIVERSIDE	2392	337	1093	1,787
2	YUBA	71	38	31	2,252
3	SACRAMENTO	1367	782	613	2,260
4	SAN JOAQUIN	660	389	290	2,297
5	STANISLAUS	475	290	203	2,534
6	SUTTER	64	46	32	2,858
7	MERCED	153	58	84	2,938
8	CONTRA COSTA	833	423	337	3,055
9	LAKE	23	27	20	3,205
10	SAN BERNADINO	1862	959	609	3,271
11	SOLANO	329	181	129	3,278
12	KERN	497	267	224	3,482
13	PLACER	236	133	72	4,396
14	SAN DIEGO	1597	948	655	4,682
15	EL DORADO	89	56	37	4,762
16	YOLO	88	46	37	5,144
17	IMPERIAL	43	21	32	5,206
18	FRESNO	572	218	164	5,485
19	MONTEREY	185	134	73	5,820
20	SHASTA	72	45	29	6,258
21	ALAMEDA	305	155	225	6,672
22	PLUMAS	0	1	3	7,148
23	COLUSA	0	0	3	7,171
24	SAN BENITO	0	0	8	7,203
25	MADERA	89	43	20	7,220
26	AMADOR	11	5	5	7,627
27	TULARE	162	91	55	7,648
28	SONOMA	155	90	61	7,868
29	SANTA BARBARA	146	87	53	7,955
30	VENTURA	392	188	101	8,093
31	SAN LUIS OBISPO	77	38	32	8,226
32	NEVADA	44	17	12	8,339
33	MARIPOSA	0	0	2	9,108
34	LOS ANGELES	3898	2091	1055	9,711
35	MODOC	0	3	1	9,836
36	BUTTE	40	18	22	9,873
37	ORANGE	1068	575	311	9,879
38	TUOLUMNE	18	8	5	11,646
39	NAPA	48	20	11	12,222
40	SANTA CRUZ	43	34	21	12,493
41	TRINITY	0	2	1	14,024
42	KINGS	38	22	10	14,773
43	MENDOCINO	23	13	6	15,074
44	SANTA CLARA	451	177	95	18,666
45	TEHAMA	0	0	3	20,511
46	HUMBOLDT	14	8	6	22,088
47	SAN MATEO	111	61	32	22,628
48	CALAVERAS	7	2	2	22,856
49	SISKIYOU	6	9	2	23,073
50	DEL NORTE	2	3	1	29,196
51	SAN FRANCISCO	99	41	26	30,718
52	MARIN	37	23	6	42,224
Rank based on population per foreclosure sale. NDF indicates the number of Notices of Default that were filed at the county and NTS indicated filed Notices of Trustee Sale. Sales indicates the number of properties sold at foreclosure auction.

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