Friday, May 2, 2008

Arizona foreclosures down slightly in March

Foreclosure activity in Arizona dipped just over 4.5% for the month of March while the rest of the nation saw an average increase of 5%. Still Arizona had the nation's fourth highest foreclosure rate for the third straight month.

About 1 in every 283 homes in Arizona received foreclosure filings in March. Foreclosure filings were reported for 9,199 properties; an increase of 106% over the number reported in March 2007. California, Florida and Ohio are still seeing the highest foreclosure totals


U.S. Foreclosure rates by state March 2008



Out of the top 100 metro areas ranked by foreclosure filings, Phoenix was number seven with one in every 70 households (or 23,135) receiving a foreclosure filing in the first quarter of 2008.

See the full report from RealtyTrac

1 comment:

Anonymous said...

Thanks for sharing.......


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Julie
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