San Francisco, while it has 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. But California, and especially San Francisco, doesn’t dazzle in foreclosure stats. San Franciscans seem to be good at hanging onto those high-priced homes. In the metro, there were only 872 homes at some point in the foreclosure process in January 2016. For the 11th largest metro in the country, that’s pretty impressive. In new numbers calculated by RealtyTrac, the San Francisco MSA-- which consists of San Francisco, Oakland and Haywood-- ranked 150th in the nation for foreclosures. Only precious few large metros have a ranking that good. RealtyTrac comes up with those rankings by dividing the total number of housing units in an 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.
Don't miss the real estate event of the summer
Join 4,000 real estate pros at Connect SF, Aug 7‑11, 2017