Discovery Bay, CA, August 15, 2007 - 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. Of these, 95 percent, or $3.33 Billion in loans, were returned to the lender with no bid from a 3rd party.

While the percentage of properties purchased by 3rd parties at auction has dropped dramatically over the last 2 years, the number of properties purchased by 3rd parties has been rising, with an 18 percent increase from June to July. In Contra Costa County, for example, 113 properties were purchased by investors and other 3rd parties at an average discount of 30% so far this year compared with 108 properties at an average discount of 28% for all of 2006. Clearly, this trend indicates there are ample and attractive opportunities for the savvy investor.

ForeclosureRadar™ is the first statewide foreclosure listing and information service to track each and every foreclosure auction throughout California on a daily basis. National foreclosure listing services rely on documents recorded at the county for their statistics, delaying the reporting of actual foreclosure sales trends by weeks or even months. In addition to being more timely, ForeclosureRadar™'s foreclosure sales data is not subject to the problems with "unique property" reporting associated with county records data. While multiple documents are recorded on each property, which some believe overstates the foreclosure problem, multiple sales are rare.

Notices of Default, the first stage of the foreclosure process, rose by 4.8 percent in July, and Notices of Trustee Sale, which set the auction date and time, rose by 14.8 percent, continuing their steady upward trajectory with no visible signs of a potential top at this time.

An increasing number of loans sold at auction originated in 2006, up from 29 percent in January to 51 percent in July. Loans that originated in 2005 have decreased from 58 percent in January to 39 percent in July, though the total number of 2005 loans sold at auction has steadily risen each month. Of the remaining loans, 8 percent originated in 2004 and the other two percent includes loans from as far back as 1978.

Riverside County dropped from the top spot in June to being ranked third in the state for highest per capita foreclosure activity, with Yuba County jumping to the top spot and San Joaquin County second. San Francisco County regained its position of having the lowest foreclosure rate in the state with Marin County moving up slightly.

California Foreclosure Statistics By County
Rank	Change In Rank	County	NDF	NTS	Sales	Population Per Sale
1	1	YUBA COUNTY	62	38	48	1,455
2	2	SAN JOAQUIN COUNTY	816	389	446	1,494
3	-2	RIVERSIDE COUNTY	2728	1337	1214	1,609
4	3	MERCED COUNTY	257	58	149	1,656
5	-2	SACRAMENTO COUNTY	1490	782	768	1,804
6	-1	STANISLAUS COUNTY	567	290	272	1,891
7	28	MODOC COUNTY	ND	3	4	2,459
8	0	CONTRA COSTA COUNTY	950	423	406	2,535
9	1	SAN BERNARDINO COUNTY	2126	959	777	2,563
10	-1	LAKE COUNTY	20	27	25	2,564
11	0	SOLANO COUNTY	458	181	164	2,578
12	1	PLACER COUNTY	244	133	121	2,616
13	12	MADERA COUNTY	123	43	53	2,724
14	-8	SUTTER COUNTY	64	46	32	2,858
15	9	SAN BENITO COUNTY	18	0	19	3,033
16	-1	EL DORADO COUNTY	120	56	51	3,455
17	-5	KERN COUNTY	643	267	221	3,529
18	-4	SAN DIEGO COUNTY	1677	948	735	4,173
19	-3	YOLO COUNTY	74	46	44	4,326
20	-1	MONTEREY COUNTY	220	134	98	4,335
21	28	SISKIYOU COUNTY	6	9	10	4,615
22	-5	IMPERIAL COUNTY	17	21	34	4,900
23	7	VENTURA COUNTY	407	188	161	5,077
24	5	SANTA BARBARA COUNTY	184	87	80	5,270
25	-7	FRESNO COUNTY	565	218	166	5,419
26	-5	ALAMEDA COUNTY	752	407	274	5,479
27	9	BUTTE COUNTY	43	18	37	5,871
28	0	SONOMA COUNTY	215	90	79	6,075
29	-3	AMADOR COUNTY	24	5	6	6,356
30	NA	LASSEN COUNTY	ND	ND	5	7,090
31	6	ORANGE COUNTY	1144	575	430	7,145
32	-12	SHASTA COUNTY	86	45	25	7,259
33	5	TUOLUMNE COUNTY	16	8	8	7,279
34	5	NAPA COUNTY	62	20	18	7,469
35	-1	LOS ANGELES COUNTY	4278	2091	1348	7,601
36	-5	SAN LUIS OBISPO COUNTY	67	38	32	8,226
37	11	CALAVERAS COUNTY	20	2	5	9,142
38	-11	TULARE COUNTY	189	91	46	9,144
39	1	SANTA CRUZ COUNTY	66	34	28	9,370
40	-8	NEVADA COUNTY	62	17	10	10,007
41	-19	PLUMAS COUNTY	5	1	2	10,722
42	5	SAN MATEO COUNTY	165	61	58	12,485
43	1	SANTA CLARA COUNTY	525	177	139	12,757
44	-3	TRINITY COUNTY	ND	2	1	14,024
45	5	DEL NORTE COUNTY	7	3	2	14,598
46	-4	KINGS COUNTY	58	22	9	16,414
47	-1	HUMBOLDT COUNTY	23	8	7	18,932
48	-3	TEHAMA COUNTY	ND	0	3	20,511
49	3	MARIN COUNTY	38	23	12	21,112
50	-7	MENDOCINO COUNTY	18	13	4	22,611
51	0	SAN FRANCISCO COUNTY	81	41	30	26,623

Rank based on population per foreclosure sale. NDF indicates the number of Notices of Default that were filed at the county, and NTS indicates filed Notices of Trustee Sale. SALES indicates the number of properties sold at foreclosure auction. The data presented by ForeclosureRadar is based on county records and individual sales results from daily foreclosure auctions throughout the state: not estimates or projections.