California Real Estate | < 1 minute read
Los Angeles Foreclosures up 47% from Q1 2009
BY Roxana Baiceanu | Jul 8, 2009
Reversing course on an improving trend, Los Angeles first time foreclosures jumped 47% from Q1 2009 (9,263) to Q2 2009 (13,654), although the number fell 6% from the second quarter of 2008. The foreclosure rate was also very high, with one in every 230 homes scheduled for auction.
Zip codes in Palmdale and Lancaster continue to top the list of areas with the highest number of new foreclosures. All top zip codes recorded a significant increase from the previous quarter, 93559
(Palmdale) up 29%, 93535 (Lancaster) up 31%, 90650 (Norwalk) up 84%.
Latest Posts
Want to stay on top of the real estate market?
Access comprehensive property data and ownership information with intuitive research tools.
POSTED IN: California Real Estate, Los Angeles Real Estate
Roxana is an associate editor with Multi-Housing News and Commercial Property Executive. In the past, she also created content for PropertyShark and Point2Homes’ blog pages. She also has 5 years of experience as a marketing copywriter.
Recent Reports
2026 Q3 Foreclosure Report: NYC Foreclosure Activity Slows to 4-Year Low, Fueled by Queens & Brooklyn Contractions
NYC foreclosures contracted to levels not seen since late 2022, fueled by drops in Brooklyn and Queens. Meanwhile, elevated activity in the Bronx kept it near the forefront, surpassed only by Queens.
Atherton Breaks $10M Median as 11 States Set New Price Records
2026 brought record price peaks to 11 states, including the first ever eight-figure median sale price with Atherton’s dramatic surge back to #1. Meanwhile, California’s presence continued to shrink with the pullback of the Bay Area, although it remained home to more than half of the country’s top zips, while the New York metro supplied one quarter, its strongest presence yet.
NYC Homeownership by the Numbers: How Household Type, Gender & Age Shape Who Owns in Every Neighborhood Â
In a city where homeownership is dominated by married-couple families, Manhattan stands as the only borough led by nonfamily owners. At the same time, residents younger than 35 make up less than one tenth of the ownership pool and female-led family households outnumber male-led families across 91% of NYC neighborhoods.