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Home Front

A blog about the economy and the Sacramento-area real estate market.

November 14, 2008
The meltdown of Sac County's lower-income neighborhoods

 The lower-income areas of Sacramento city and county continue to take the worst brunt of the region's foreclosure crisis. The Sacramento Housing and Redevelopment Agency has the newest details in this third quarter foreclosure report.

A quick summary:

  •  The highest concentrations of foreclosure filings continue to occur in the lower-income

areas of the county, including Meadowview, Parkway, North Highlands/Foothill Farms,

Unincorporated South Sacramento, and the lower-income areas of North Sacramento

(including Robla, Wills Acres, etc.). Foreclosures have also increased in North and

South Natomas since the previous quarter.
  •  Some foreclosure filings (less than 2 percent) had incomplete location information, so

several of the following tables contain fewer filings than shown on the previous page.
  •  Just over one-third of Sacramento County's foreclosure filings in the second quarter of

2008 were located in the City of Sacramento, just over one-third were located in the

unincorporated county, and just under one-third were located in the other incorporated

cities.

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