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Arizona drops to No. 4 in national foreclosure ranking

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Posted: Thursday, September 13, 2012 8:50 am | Updated: 2:05 pm, Sat Sep 15, 2012.

The number of Arizona homes in some stage of the foreclosure process continued to slowly drop in August.

The state dropped two slots and now has the fourth-highest foreclosure activity rate in the nation.

Data released Thursday by foreclosure tracking firm RealtyTrac (http://www.realtytrac.com ) shows lenders actually repossessed more than 3,400 homes in August, nearly the same as July. But new foreclosure filings dropped to about 4,300 last month from about 4,800 homes in July.

Arizona posted a 29 percent drop in homes being repossessed or receiving foreclosure filings in August from August 2011.

RealtyTrac says one in every 360 Arizona homes was in some stage of the foreclosure process last month.

Illinois jumped to No. 1 and Florida No. 2 as their foreclosure soared. Nevada came in at No. 5.

© 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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1 comment:

  • DavidNichols posted at 11:29 am on Thu, Sep 13, 2012.

    DavidNichols Posts: 114

    January 2008 = The stsrt of the E-verify (Attrition) Law, and the I.C.E. Deportation/Incarceration Programs.

    January 2008 Also = The start of "The Great Recession", "THe Foreclosure Crisis", and "The new Ballooning National Deficit".


    Fact: for every Hard working Immigrant Deported, Incarcerated or starved away by "Attrition" America has lost over Four times as many American Jobs.

    Fact: The Hard Labor Immigrants gladly did for America was the very Foundation of our Strong Economy, and this Hard Labor supported all other American Jobs.

    The Tens of Thousands of vacated Immigrants dwellings Triggered/Caused the Foreclosure Crisis, completely halted Construction/Growth,and left States with massive excesses of State, and Federal Government with matching Budget Shortfalls.

    Since the January 2008 start of the "Anti-Immigrant Rant" Maricopa County Arizona now has a Half Million vacated Homes.

    Start enforcing the Racist SB1070 and Arizona will quickly rise back up to Number One again in "Foreclosure Rates".

    "America is great because it is good, when it ceases to be good, it ceases to be great."
    Alex De Tocqueville

    This Great Nation of Immigrants was Built on Far Better Principles, and Values than to rip apart good Christian Families, and Deport/Incarcerate Parents away from their legal Citizen Children.

    This is our I.C.E.'d Economy, I.C.E. "Put the Car in the Ditch".

    To: Good, and Brotherhood.

     

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