Phoenix, Arizona foreclosure activity falls again
By Kristena Hansen
By Kristena Hansen
Foreclosure activity throughout metro Phoenix and Arizona continued tumbling this summer at a rate that far outpaced the nation, according to the latest report released Tuesday by CoreLogic. Metro Phoenix’s foreclosure rate, meaning the percentage of all outstanding residential mortgages in a particular area that are in some stage of the foreclosure process, in July was 2.18 percent.
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