No amount of bad news can dim the facts that show #Phoenix is once again leading the nation - this time in a positive fashion. Notices of Trustee's Sale - the leading indicators of #foreclosure in Arizona - are down to levels not seen since August of 2006. The Notice of Trustees Sale is the first document filed by a lender when they intend to foreclose. The property is then auctioned off after a 90 day waiting period, during which the owner of the property can remedy the situation if they choose. This puts us back to a "normal" foreclosure rate of about 1000 foreclosures/month.
#Avondale , #Goodyear , #Buckeye , #Glendale, #Phoenix , #Surprise , #Peoria , #Tolleson, #Laveen , #Waddell , #Wittman
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