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From an article in Inside Arizona Business, here's the latest on foreclosures in Arizona.
Arizona Foreclosed Homes Head to Auction Block
Over 200 Foreclosed Homes Totaling $54 Million Head to Auction Block
Arizona ranks eighth in the nation among states with the highest foreclosure filings. According to Realtytrac, there were 6,339 filings in October 2007. About 300 of those homes are in Pima County. The majority are in Phoenix and it's those homes that will be auctioned this weekend.
Read it HERE, and weep.
I haven't covered the foreclosure scene at all because the very small number of foreclosures in the Tucson Foothills wouldn't register a blip on the foreclosure meters. But I thought the numbers quoted in opening paragraph above would give some perspective, and perhaps some reassurance, on where Tucson stands (Tucson is in Pima county) on the Arizona foreclosure yardstick.