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2013-07-24 17:50:49
Are Phoenix Foreclosures Down

Are Phoenix foreclosures really going down?

 

This is a great article from the Phoenix Business Journal. Titled: 'Phoenix-area home foreclsures plummet from a year ago'

Slightly more than 1 percent of all outstanding residential mortgages across the Phoenix area were in some stage of foreclosure in May — a massive 62 percent drop from a year ago and far below the national average, according to a report released Tuesday by CoreLogic.

The findings are similar to Arizona State University’s most recent housing report for May, which found the number of foreclosure starts Valleywide — 1,639 — were down 66.6 percent year-over-year and significantly down from peak levels of March 2009 when the figure topped 10,099.

Read more at http://www.bizjournals.com/phoenix/news/2013/07/23/phoenix-area-home-foreclosures-plummet.html

 

 

 
Blog Archive
2014-03-06 16:05:52
Are Phoenix, AZ home prices coming Down

2013-07-24 17:50:49
Are Phoenix Foreclosures Down


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