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Original Message

Sounds pretty high...

Posted by mkuller on March 10, 2008 at 10:26:48:

"In Contra Costa, the Bay Area county with the most foreclosures, deputies do 45 evictions a week, up 30 percent from last year...

In eastern Antioch, 4.1 percent of all homes and condos went through foreclosure in 2007, according to DataQuick Information Systems. That's as bad as the hardest-hit neighborhood of Stockton - often cited as the foreclosure capital of California and even the nation.

In eastern Contra Costa, more than 2 percent of all homes in eight ZIP codes were foreclosed on in 2007, a rate that rivals most Stockton neighborhoods."

I live in Contra Costa County.

One of my employees turned his house back over to the bank for a 'short-sale', which is one step above a foreclosure.

Even if foreclosures for 2008 hit only 5%, that's still quite a lot.