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San Jose experienced a 20% increase in foreclosure filings from calendar year 2008 to 2009, jumping from 14,000 filings to 16,600 filings. In 2009, approximately 2,500 homes were repossessed by banks. The four zip codes that have been identified as the most highly impacted by foreclosures, as measured by the number of foreclosure filings and the percentage of homes receiving them, are:
95111 (1,514 foreclosure filings, 10.7% of homes)
95116 (1,139 foreclosure filings, 9.5% of homes)
95122 (1,415 foreclosure filings, 11.7% of homes)
95127 (1,641 foreclosure filings, 10.6% of homes)
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