Why Arizona Foreclosure Homes Are Great Investments

October 9th, 2007

Searching conveniently for the best Arizona foreclosure homes has never been this easier. This may be due to the fact that they are seen everywhere. You can read a long list of foreclosed properties in newspapers. Your community boards — or the auction hall, if you have one — can also be great resource for foreclosed properties. Of course, you can go online and search for Arizona foreclosed homes at your most comfortable

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US Foreclosures Rate Reached New Records

July 25th, 2007

Despite efforts to control the worsening foreclosures situation in the country, the number of foreclosure filings for the first half of 2007 reached an all-time record high. There were a total of 926,000 foreclosure filings, up by 56 percent when compared to last year. In the states of Florida and California, home prices dropped by more or less 25 percent while in Michigan and Ohio, thousands of people in the automotive industry lost their job, [...]

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Arizona Foreclosures Condition: Better than Other States

March 22nd, 2007

Compared to the nation's 4.95% and region's 3.88% mortgage delinquency rate, Arizona's is at 3.51%, according to the Mortgage Bankers Association. This figure was based on the Arizona house foreclosure rate in the fourth quarter of 2006. The city of Tucson posted a below national average subprime market share, which could be the reason why there are less Arizona

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