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It is not very hard to find the California foreclosure listings. With the recent drop in the real estate market and the sheer number of homes in the bank foreclosure listing today, it is a safe bet to say now would be a good time to buy in the state. California is divided into three distinct regions. Two of these regions are experiencing a sharp rise in the number of homes being repossessed.

Northern California is the home of the most beautiful national parks on earth. It is one of the places that you can go skiing and go to the beach all in the same day. The bank foreclosure listings in this area are on the rise. San Francisco has homes that are selling well below market value due to the fact that there are so many listed. Over 5,500 homes were added to the California foreclosure listings in July alone. San Francisco is the seat of culture on the West Coast. The makeup of the population and its arts and entertainment offerings are similar to New York City. If you have a hankering to live in a culturally diverse area then now would be the best time to consider buying a foreclosed property.

Southern California is not faring much better with the high unemployment and the over inflated prices of the homes; many are being repossessed on a daily basis. Southern California is the home to Los Angeles, Sacramento, San Diego, San Jose, and Riverside. These are the largest metropolitan areas in Southern California and the real estate is selling at the slowest pace in 14 years. The bank foreclosure listings in these southern cities are selling well below market value. In Los Angeles the foreclosures are selling 34.5% below market.

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