From The Cromford Report - Lender Processing Services has completed the transition to its new identity "Black Knight Financial Services" but I am glad to say it is still publishing the useful monthly report Mortgage Monitor.
The report for April shows the non-current percentage on homes loans in Arizona is down to 4.5% with 3.9% delinquent and 0.7% in foreclosure. The only states with a lower non-current percentage are Minnesota, Wyoming, Montana, Alaska, Colorado, South Dakota and North Dakota. Arizona's non-current loan percentage has declined by 23.1% since April 2013. This is no longer the highest decline for any state since the following have shown even greater percentage falls:
- Nevada - down 33.7%
- Florida - down 32.5%
- California - down 29.3%
- Washington - down 25.0%
- Illinois - down 24.7%
All states have shown some improvement since April 2013 with West Virginia improving the slowest at 2.6%.
#RealEstate #Avondale , #Goodyear , #Buckeye , #Glendale, #Phoenix, #Surprise, #Peoria, #Tolleson, #Laveen, #Waddell , #Wittman
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