Thursday, June 17, 2010

Phoenix, Arizona Newest foreclosure information* Maricopa Only May.2010

 Arizona Newest foreclosure information
  • New notices filed are approximately 7300 for the month of May. Dropped from April of 7800.
  • Active notices of default in the foreclosure process are approximately 50,500. Down from last month 53,000.
  • New foreclosures dropped from approximately 7300 units in May to 2,000 units in June.
  • Sold to the lender at auction was approximately 750 in May compared to 2100 in Apil.
  • Sold to a 3rd party at auction was approximatley 400 in may compared to 1000 in April.
  • $ per sqr. ft. for properties sold by the lender was $83.07
  • $ per sqr. fit for properties sold by owner to owner was 101.73 

  • Foreclosures  Chart
What is going on!?!?! I do believe that short sales are still going to be the strongest ticket in the future...Better than a foreclosure!

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