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04-24-2008, 12:11 PM
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1st Amendment, RIP!
Status:
"hey, buddies! don't be too sad ;-)"
(set 1 hour ago)
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Join Date: Jul 2007
Location: Tucson
20,562 posts, read 11,944,542 times
Reputation: 6792
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Pima County home foreclosures fall for third consecutive month
Some good news for a change.
INSIDE TUCSON BUSINESS: Mon., March 3, 2008
Despite the doom-and-gloom reports about the economy in general, Pima County residential home foreclosures fell again in January - the third consecutive month they've dropped. Default Research, headquartered in Mt. Pleasant, Pa., reports there were 206 foreclosures in Pima County in January, down 8% from December, which was down 20% from November, which was down 5.6% from October.
Since October, when there were 306 foreclosures in Pima County, they've dropped more than 48 percent, according to Default Research. Compared to January 2007, the foreclosure rate is up 10%. That's not the case in the Phoenix area where the foreclosure rate is up 170%. Default Research says Maricopa County foreclosures totaled 3,134 in January.
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