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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
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