Foreclosures in the Grand Canyon State!
Arizona Real Estate Search - Foreclosures, Pre-foreclosures and Tax Liens
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Where U.S. Homeowners Are Losing Value Fastest
Some of the areas hit hardest by foreclosure are also in the top ten for areas with homes that are loosing value at the fastest rate. They include Virginia Beach, Yuma, Las Vegas, Cumberland and Bakersfield.
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A brighter note on foreclosures
While foreclosure reports may be telling another tale, Arizona foreclosures may be looking up. New legislation may curb future AZ foreclosures.
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Citigroup to offer help to 500,000 risky mortgage customers
Citigroup plans on ceasing all foreclosures in an attempt to help the nationwide foreclosure problem. Those facing foreclosure that will be reviewed for assistance must have the home listed as a primary residence.
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Only Halfway Through the Foreclosure Crisis?
While discouraging for the economy, this may mean there are still plenty of home buying opportunities available for first-time buyers and investors. Foreclosures are making up the majority of homes on the market. And foreclosure sales may be just what it takes to beef-up a lagging housing market.
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Foreclosures account for 47 percent of Valley home sales in October
Almost the majority of home sales have been represented by Maricopa County foreclosures. This is as no surprise considering AZ foreclosures provides great home buying opportunities for residents and out-of-state buyers.
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