Foreclosure rates lower than home prices in San Francisco

RealtyTrac numbers show sinking foreclosure activity in Bay Area
  • San Francisco had 872 homes at some point in the foreclosure process in January 2016.
  • For the 11th largest metro in the country, that’s an impressive 150th on the foreclosure rankings.
  • San Francisco’s year-over-year foreclosure rate dropped 2.5 percent.

San Francisco, while have the distinction of having some of the highest-priced homes in the country, is nothing spectacular when it comes to foreclosures. Foreclosures will never completely go away. And, some states take longer to get homes through the whole foreclosure process, with about a half-dozen states with 1,000-plus day processes.