The CoreLogic real estate research firm reports Phoenix as fifth among nationwide cities nationwide for foreclosures between May 2013 and May 2014
Phoenix still had more repossessed homes than Dallas, Los Angeles, Seattle and Washington, despite a rate that has been steadily falling as the economy improves.
The foreclosure storm is subsiding in Arizona and moving to Florida, Georgia and Michigan.
If you’d like to discuss real estate matters, contact Rose Law Group founder Jordan Rose, jrose@roselawgroup.com