RealtyTrac backtracks on jumps in Arizona foreclosures


RealtyTracLast month Dealmaker reported RealtyTrac released numbers showing large increases in foreclosures in the Valley and state compared with a month and year earlier.

At the time, Daren Blomquist, vice president of RealtyTrac, said the numbers raised eyebrows, and were vetted by outside sources, but stopped short of admitting blame.

Phoenix Business Journal is now reporting that RealtyTrac has backtracked on those numbers. To read the full report, click here.

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