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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.