April 26, 2024 8:43 am
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Phoenix-area foreclosures continue to fall

foreclosure-thumbThe number of metro Phoenix houses taken back by lenders through foreclosure fell to 405 in September, the lowest level since early 2007, reports Catherine Reagor, The Arizona Republic .

Foreclosures have been falling pretty steadily since March 2011, when almost 5,000 houses were taken back by lenders.

In September 2013, there were 684 residential foreclosures in the Valley, according to The Information Market, a division of the Arizona Regional Multiple Listing Service.

Currently, lenders own 2,281 metro Phoenix houses taken back by foreclosure.

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.