BLOGS::Phoenix area foreclosures up in October

The number of metro Phoenix houses taken back by lenders rose slightly last month but the overall trend is back to pre-bust levels.

In October, 469 houses were foreclosed on across the Valley, compared with 405 in September, according to The Information Market, a real estate research firm owned by the Arizona Regional Multiple Listing Service.

Metro Phoenix's foreclosure crisis has been over for more than a year, and housing analysts don't expect another anytime soon.

Here's a rundown of the number of foreclosures in the Phoenix area over the past decade, according to The Information Market:

October 2014: 468

October 2013: 664

October 2012: 1,858

October 2011: 2,200

October 2010: 3,985

October 2009: 4,424

October 2008: 4,279

October 2007: 1,294

October 2006: 110

October 2005: 35






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Stephanie Moser
623-451-6698
stephaniesellsaz@gmail.com
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The Moser Group

The Moser Group

Ph. 623-451-6698
3039 W. Peoria Ave ste 102
Phoenix AZ 85260
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  • 533 Guadalupe Road #2038
    $160,000
  • Bedrooms2
  • Baths1.75
  • Stories2
  • Square Footage828
  • Average Price SqFt$185,000
  • Days on Market38
  • CityMesa
  • Year Built1985

Phoenix Metro Condo Listings

Inventory

9,654
For sale
1,215
For rent

Phoenix Metro Condo Statistics

  • $59,800 - 50 MilPrice Range
  • $151avg price / Sq.Ft.
  • 98 avg days on market
  • Avg % of building is for sale 2.7 %
  • Avg % of building is for rent 0.4 %
  • Avg % of building sold in previous 12 months 2.6 %
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