So where does San Joaquin County, CA fit ?

San Joaquin County is the 5^th highest in % of change in Notice of Default recording for Q4.  In order of % change: San Benito is #1 (314.3%); Monterey is #2 (260.1%); Merced is #3 (203.2%); Sonoma is #4 (199.7%) and San Joaquin County is #5 (189.7%).

For most of the 2007 year, Stockton, CA which is one of the major cities in San Joaquin County lead the foreclosure ranks by holding first place in the State of California and then taking the lead in the nation.  Stockton homeowners default results were as high as 1 in every 31 homes in the Stockton was in pre-foreclosure in Q3. (I will update with Q4 numbers when they are available)

Stockton has experienced a population boom in the past decade.  This boom is mainly because of the high cost of living in the SF Bay Area.  Stockton is 80 miles from San Francisco.  Stockton, CA is the seat of San Joaquin County  (which is the 5th largest agricultural county in the United States). According to 2007 estimates by the California Department of Finance, Stockton has a population of 325,308 (689,689 MSA) and is the 13th largest city in California far as in population.

Take a look at some of the biggest hit with defaults in Northern California:

San Joaquin County - Notice of Defaults Recorded (Houses and Condos)

Let's compare ...

Sacramento County - Notice of Defaults Recorded (Houses and Condos)

Contra Costa County - Notice of Defaults Recorded (Houses and Condos)

Stanislaus County - Notice of Defaults Recorded (Houses and Condos)

Alameda County - Notice of Defaults Recorded (Houses and Condos)

Leading California Cities - #  Notice of Default filings for December 2007

(up to December 27, 2007)

* State of California:  Recorded 81,550 for December 2007; compared to 37,994 for 2006 Q4; and compared to November filings = 39,992.

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Check out: Real Estate Terms/Definitions.  And take a look at Mother and Daughter Blog for other tips for Sellers and Buyers. I work with my daughter as the Mother and Daughter Real Estate Team at Perfect Financial Solutions and we also focus in Short Sales and the Pre-Foreclosure process.  Our consultations are free.  Our aggressive marketing plan includes on-listing advertising.  If you are thinking of selling or buying a home in Northern California's Central Valley (San Joaquin County CA - includes Stockton, Manteca, Tracy, Lathrop) plus Stanislaus County CA - includes Modesto, Salida, Riverbank) & the East Bay (Alameda County CA - includes Hayward, Fremont, Newark, Union City & Oakland) and surrounding areas.  If you would like a FREE Home Seller or Home Buyer Handbook, please call us at  866-750-8282 or email at US.

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Rosemary Brooks