November 5, 2024 6:39 pm
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Analysis: Navajo, Cochise, Maricopa counties have the highest foreclosure rates for first quarter

One in 417 properties in Navajo County started the foreclosure process during the first quarter of the year — the highest foreclosure rate in Arizona, according to an ATTOM Data Solutions analysis of property data.

Cochise County had the second highest foreclosure rate in the state, with 1 in 444 properties in foreclosure, and Maricopa County came in third highest (1 in 578 properties).

The data shows 138 Navajo County properties with a foreclosure filing during the first three months of 2018. The county has more than 57,000 housing units. The foreclosure rate in the county is up 160.38 percent from the end of 2017 and up 165.38 percent from a year ago.

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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.