Phoenix Foreclosures Continue To Fall
In a new report released by data research firm Core Logic, the foreclosure rate in Phoenix has continued to fall.
In a new report released by data research firm Core Logic, the foreclosure rate in Phoenix has continued to fall.
A recent report from a Phoenix area title company shows the Phoenix housing market continues to pick up steam. The report released by Grand Canyon Title Agency, Inc. also shows a sharp decline in the number of foreclosures.
According to the Standard & Poor’s/Case-Shiller home-price index, U.S. home values have declined for six consecutive months, but cities like Phoenix, San Diego and Miami are seeing prices rise.
According to new figures released by the Arizona Regional Multiple Listing Service Inc., areas like Mesa and Scottsdale saw increased foreclosure and short sale activity in the month of March.
Arizona Republic: “Phoenix will not hire any new police officers or firefighters until the summer of 2013 to balance public-safety funds that have been running a deficit because of the recession. Funds from three voter-approved sales-tax increases dedicated to paying for police and fire ended the 2009-2010 fiscal year with an $18.4 million shortfall, city officials said.”