CoreLogic reports that foreclosures dropped in the Phoenix metro area in August compared with the same month last year.
The real estate research company said the foreclosure rate in August was 3.49 percent of outstanding loans, compared with 4.33 percent in August 2010. The number also represents a drop from 3.55 percent in July 2011.
The 90-day delinquency rate also was down in August, to 8.40 percent, compared with 12.11 percent in August 2010 and 8.75 percent in July 2011.
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Carmen Brodeur JD
Realtor
Trillium Properties, LLC
9825 E Bell Road, Suite 120, Scottsdale AZ 85260
(602) 791-0536
Carmen@TopScottsdaleHomes.com
www.TroonRealEstate.com
Voted in the Top 3 Realtors in Arizona, by the readers of Ranking Arizona Magazine, 2015-2025. Her background as an Attorney gives her special expertise with contracts and negotiations. Carmen has a proven track record of success with buyers and sellers in Scottsdale.
